I’ve made some previous calls for breakouts that were wrong. I think we were bullish too soon. We had a longer flush out period then everyone thought. This is good for the markets. Weak hands are selling and we are consolidating against trend pattern bottoms. I’m more confident then I have been in the past few months that we will bounce off these support...
I copied a similar fractal from August of 2020 through the last bull market. This looks like an appropriate total 3 market cap for this cycle. I expect the total market cap to be around 7 to 9 trillion by the end of the cycle.
I’m staying neutral at the moment. We did have the confirmed Golden Cross recently, which is a great sign for bullish momentum. However, we are running up against a long term weekly resistance trend line. If we break the resistance I am confident we will rally to 1 dollar in the coming months after a retest. If we don’t break it now we will have the inevitable...
Looks like the golden cross will happen on the daily timeframe for GRT. There is also potentially bullish divergence. Next week should lead to big gains for the graph putting us about .30 cents. Next targets .50, then .82 cents.
GRT is about to break out from a downtrend. VWAP and momentum is about to pop to the upside. GRT chart looks primed for a 100% move to the upside in weeks. I’m excited to see what happens the rest of the year
The Graph had followed Cardano’s price chart since inception, just slightly delayed. I’m not sure what the correlation is since they have different tokenomics and market caps, but hopefully it continues to follow. The graph is potentially seeing a golden cross on the weekly very soon which should catapult the price significantly just like it did the Cardano....
When in doubt, Zoom out! Long term we all know BTC is bullish. Just hold and wait for 4 or 5 years after your entry price. You will out perform every other market.
To me GRT is such a safe play. I believe it will be one of the crypto currencies that will do well this bull market. I’m not sure it will break the all time high but believe it can 5 to 7x from here. The channel is clear and this is a weekly retest of the bear market downtrend. We will retest strong resistance at 50 cent when btc breaks 73k.
Anyone else see a head and shoulder pattern forming on the weekly. Every technical indicator is lining up for a 240k bitcoin. 1. The fib retracement from last cycle high to low 2. The all time, long term resistance trend line 3, weekly head and shoulders pattern Chart it out yourself. I just don’t see how we don’t reach 240k by the end of the cycle. ...
We successfully retested and bounced off of the weekly Gaussian channel. Looks like the next major resistance is around 36 dollars. Will likely hit it in July. If we break it, next stop is near all tike highs!
Further dip and Form that right shoulder! Technical target of around 250k. Confluence with long term resistance! Fingers crossed. Good luck
I was always of the mind set that trend lines were almost random, but the more I’ve learned about chart patterns they are very useful. I’ve had this descending edge pattern for a few weeks now. We broke the pattern and now have retested it perfectly! Flushed out sellers, resetting the RSI and it will go up to the Next resistance around .63 cents after a few...
Beautiful break and retest. Target is to retest .50 cent. I believe it will break the .50 resistance and send to .63
On the weekly timeframe this has the best setup of almost any coin I’ve seen. Money flow and VWAP currently on a downtrend, but when it hits support in the next few weeks it will 2x very quickly. When the money flow flips to green it will do another 2x. Not finance advice.
Current GRT is forming a bullish megaphone pattern. Target is around .63 cents which lines up nicely with the next resistance level
If we reject off of all time highs we will form a MASSIVE cup and handle. The target will be 250k. This also lines up nicely with the all time trend lines! Not hopium just analysis and confluence.
Hey all, Full disclosure, I am invested in GRT. I expect GRT to do well in the bull market but it currently seems to be stuck at .30 resistance. Im not an expert at bull pennants but it does seem to be forming that pattern. The pattern seems to have a target of around .48, which lines up close to the next resistance lines. Is anyone else more familiar with...
Currently we have a break to the downside in the long term upward trending wedge on the total crypto market cap. As everyone knows, Over the past year we have had a downward trending wedge during the bear market. I believe we will have a bounce at the current level as we find some support. We will then have massive resistance at 1.2T as we attempt to break...