Time to decide, BTC is super bullish but there is always space..Time to decide, BTC is super bullish but there is always space for manipulation.
While retail investor are afraid, institutions are ready to buy their BTC, so a fast liquidation dumo could happen, specially if we break that triangle downwards.
If we break to the upside, which on my view is more likely, we could reach 54k easily, and maybe even a new history high.
Alts are on fire as well, dominance is trying to reach the support at 39% or even 36%. I´ll be posting my dominance analysis soon, keep your eyes open today.
GRT
I see only 2 scenarios for BTC in the next weeksBTC could definitely retest that falling wedge before pumping up like it should, and that would be around 41-42k.
But I strongly believe that the big institutions don´t want to sell their BTC right now since the Governments are printing again. The question is, will retailers sell their BTC for cheap?
I never trust people´s long term view on an asset, the fear emotion is always stronger than the greed emotion in the crowd, after all graphs are a representation of people´s sentiment.
I am converting all my alts to BTC, and in case we fall to 42k I am going to use my BTC to buy alts, that´s my safety plan at this moment, the market is strongly bullish, and once we break 50k
zone (which I believe is a huge regret zone) the sky is the limit, or better the stock to flow graph will tell us what to do.
LONG GRT/USDTGRT formed a bull flag, broke above the trendline, done with the retest and it is ready to make a move.
Expecting 15 to 25% profit.
Enter between $1.014 to $1.045
Stop Loss: $0.9
Targets:
$1.098
$1.147
$1.198
$1.253
Accumulate this coming at the dip to average your entry. I am trading with 5x leverage on this.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
$GRT opportunity with high ROI#GRT Is finding support on the first level of the FIB @ 23.60%. I believe we'll see 38.20% and 50% FIB levels soon as the summer nears an end. First target will be $1.30 with the second target at $1.65 (depending on volume). It's also possible GRT goes parabolics and quickls hits over $2.00 per token.
GRT looks great for more upside... YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
GRT on the way back to the top GRT price broke out from falling wedge pattern, made a retest at $0.62 and continued to grind higher to first major resistance at $1. Daily chart is bullish and I’m looking forward to next major resistance at $1.45 followed by $2.4 as my final target for now. Supports are at $0.755 and $0.627.
As always, for such a bullish movement ETH and BTC should stay bullish or at least trade in range for GRT to outperform.
GRTUSDT🌟this alt break its sideway area which was recently formed and just pullback to its previous channel to regain its power to go for its current value which is why we believe its undervalue at the moment
🌟a pullback is one of the most safe and clean spot to enter a position in a chart
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Grt considering exploding upwardsim not buying right now into resistance.
But im watching this closely, because this can explode to.. even 10 dollars
if we get a retrace to near the lower blue line im buying. if we break the line, and get a retrace bounce - im buying.
this all depends on how btc resolves the 46k area.