GRT
🔥 GRT/USDT Breaking $1: What's Next?After a flying start and a bumpy couple of weeks after, GRT has established itself as a potentially amazing coin to invest in. Currently, its only a matter of hours before GRT manages to break the $1 resistance. When it does so, what's next for this coin?
Before entering a trade, wait till the price closes above the yellow line. Higher time frames yield higher predictability.
Since GRT is currently inside a channel, I'm expecting it to either adhere to the channel or to break it on the upside. Since GRT is currently at the bottom of the channel, there's potentially a lot of upside here.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $1.30 and $2.00. Do your own due diligence.
Happy trading!
TheGraph wich way to 1$ ?all in graph like always.
Scenario 1 : GRT straight up to 1$
Scenario 2 : GRT retrace around 0.63$-0.65$ ( Fibo Retracement 0.5/0.68 )
i won't say wich scenario is the best to me this time so ... Tell me wich Scenario you believe in comments please. Thank you!
Happy Tr4Ding !
GRT A cup 'n handle to go with your price discoveryObvious cup and handle to break into new ATH and price discovery for GRT. This is clearly an Elliott Wave 3. I posted a $1.95 target for the third wave, but I'm beginning to think that's too conservative as GRT has such strong momentum. That was the 2.618 Fibo extension. Let's move that up to the 4.618 extension at $3.38. Of course, there will be pullbacks along the way, but GRT is doing what GRT does.