GRTUSDT, new opportunity to growth, THE GRAPH. UPDATE.Hello my friends, This is an update of GRT for you, The price could not break the neckline and resistances, so came down and was supported on the baseband. For now trying to break the baseband again, Keep your eyes on the OVAL. After breaking and fixing, targets are activated. Good luck.
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GRT
The Graph - ZOOM ZOOM to $3.90Basically the Google of the Ethereum Blockchain. Incentivizes the organization of blockchain data into open API's called "Subgraphs" for apps to use. Curators in the system are tasked with finding high quality subgraphs. Indexers choose which subgraphs to index based on input from the Curators. Amazing fundamentals paired with a bullish chart.
Bullish falling wedge with decreasing volume. Broke out and successfully retested. Daily MACD crossing up. Break ATH (yellow) and we target $3.90. Short term targets, definitely don't think we stop there ($5-$10 is probably next later on). This is another cheap Coinbase coin and we know how well those do.
🌧️ GRT Breakout Of Descending WedgeGRT recently broke out of a descending wedge pattern, and currently its price is stabilizing around the $1.76 level. There is high selling volume from >=$1.81, so expect GRT to accumulate around there for a while before breaking higher. Of course, we cannot discount the possibility of another retracement back down, so remember to set your stop losses based on ATR and the next lowest wick one Fibonacci level below.
For April, GRT will have subgraphs coming to the main net, which could be a bullish news. Together with the breakout of the descending wedge, we can expect good news for GRT in the coming weeks.
GRT: Alternating corrective waves 2 and 4. Wave 5 up startingOne of the guidelines for waves 2 and 4 of Elliott Waves is that they are often alternating in form. If one is sharp, the other is often flat. You can can see wave 2 for GRT was a sharp zigzag. Wave 4 has been flat and lasted longer than I expected. The consolidation looks to be over with an impulse wave to kick off wave 5. The crypto market looks healthy with altcoin leader ETH recently breaking resistance. Buckle up!
GRT/USDT : Breakout Confirmed BINANCE:GRTUSDT
Hello everyone 😃
GRT had a breakout on Daily timeframe.
Also now volatility is being bullish..
On last breakout GRT had 230K units bounce and now it's going to happen again !
Major target will be 4$ but it's better to have safe targets for it..
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
GRT LONG IDEAIt's alt season, so expect fundamentally strong alts to perform exceptionally well.
GRT is one of those and will be integrated in the entire crypto ecosystem just as much as chainlink is
Dubbed the Google for blockchain, it's already processing billions of transactions. This is my swing trade setup
Buy zones are outlined as below
SL: $1.68
TP zones as outlined
I'm excited for this one, let's see
GRT wants to moon!GRT has been rallying tremendously since its launch in Dec 2020 and has been consolidating since its ATH on Feb 12.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
GRT/USDT moon Barrier being tested!If GRT/USDT can close the hourly above the moon barrier i can see massive gains of upto 60% as long as bitcoin plays nice...
it is trying to break out as i upload this so fingers crossed.
if it cannot break out i can see consolidation for a day or 2 around the upper support level, potentialy another retest of the legacy trend line, this would be a great buy opportuinity.