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GRT

GRT big triangle breakout?daily chart, near to break up from this big triangle we got from the start levels aren't so precise on the daily chart, aren't far away also but you will get the idea, if entering on first resistance break up, first resistance above could be 200sma, so it could be taking profit point if in a short-term LONG position. SAFEST mid to long-term LONG entry would be breakout or retest of 1.09 level. Also, that level would be possible taking profit level if you entred on lower levels, since we could expect that break up probably won't happen at the first attempt. There is a possible scenario that we could see few bounces up and down before breakout up, and something like this blue triangle could be formed... The measured move target for breakout from this big triangle is some 200% up, so it could be good Good luck traders
by PhilosophersStone
GRT predictionGRT price prediction. In my personal opinion one of the strongest charts in cryptoland. After a full 80% retrace and steady support at the .65-75 range I expect a lot of upside to come in the month ahead for GRT /USD. As moving averages curl and the 365day simple begins to form on a daily time frame prices will begin to push upwards. It has been slow and steady as of late as it's only about a year old. Age and moving averages work well together Only a price prediction. Nothing to base your trades or finances upon, only ideas for the long term
by HighcardJezus
GRT Analysis 08-09-2021 by TheSocialCryptoClubGRT is viewed very well by investors in the medium/long term. Today we analyze it from a graphical point of view. First of all we can outline a parallel bullish channel; moreover, two POC have been drawn: the first one concerns the whole history of GRT and is positioned at 0.56; another one concerns only the last bullish movement and is positioned at 0.90. A demand area between 0.49 and 0.45 (yellow rectangle) has also been identified. bounces on the low trendline of the channel, POC level 0.56 and demand zone indicated are all exploitable for the so called buy the dip; instead, above the range delineated by the two POC and the parallel channel, it would be more appropriate to use trend following logic. In case it goes up immediately, without touching the levels reported for the buy the dip, other levels will be exploitable, such as the central trendline of the channel or the upper trendline and POC 0.9. In case the bullish movement should take place, the first profit targets should be positioned on the supports/resistances formed between 1.5 and 2.5. A small amount of the initial position should finally be held to take advantage of the possible price discovery. Thanks for your attention and happy to support the TradingView community!
by TheSocialCryptoClub
11
GRT/USD - Massive triangle about to be resolved! Bearish trend.GRT has formed a massive symmetrical triangle which will soon be resolved. The bias right now is rather bearish with price pushing hard on our support. If BTC continues to fall, it is likely it will pull alts with it and take us to the next support level at $0.5. For this reason I'd not trade this right now, nor buy. Wait to see how our pennant resolves, if price falls lower, then best to consider an entry at $0.5. Daily timeframe indicators are also bearish, so not much to say about that. My bias remains bearish for now as the overall market looks ready to re-test its key support levels including ETH and BTC (see ideas linked below). Like and follow if you liked this idea!
Short
by DU09