GRT bulls got to hold this level We saw aprx. 10% drop today for the graph which provided a decent buying opportunity and we held and closed our daily candle above the 0.2 FIB level shown by the 2nd most recent candle. now we will see if the bulls can hold this level going into tomorrows daily close. We still also have support from the ichimoku cloud going sideways. If we were to close below the 0.2 level there is a chance we could see a pullback to the 0 FIB, i doubt we will and if we do i imagine it'll get bought up very quick and then we could start to see a climb back up. NFA just my opinion.
Grtusdt
GRT RSIHey guys, Ive just noticed something about the GRT price chart for a scalp trade maybe.
The last time GRT dipped into oversold on the RSI of the 4 hour chart we say a 40% move. Im assuming something similar may happen here.
My findings are the same on the one hour chart. If we were to hit a 40% move from here, That takes us to around the 2.30-2.50 range. meanwhile breaking key resistances as shown in the graph.
Just an idea.
GRT SHAKEOUT UPDATEHi guys!
While sometimes it seems obvious to everyone, it does not mean it is easy. The market is playing with your emotions, do not forget that. You might be right about your position but most will not hold through some shaky movement. To me, GRT represents a great example for such a possible shakeout scenario. K.I.S.S. method is what I prefer. Keep it stupidly simple. The Graph is currently in decision mode, whether it does continue making higher lows and higher highs and breakout from its triangle (less likely) or we get a small fake pump to convince high risk ppl to step in with high leverage and then liquidate them before going parabolic. Funding rates are high and need a cool down. I see GRT trading at around $4-5 in the near future. So be careful if you are using high leverage. Do not burn your fingers like I did years ago.
Stay safe and have a great weekend, Cheers!
GRTUSDT (GRT) - BIG MOVE ANALYSIS 🔎
- BZRXUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: Horizontal support level (S1).
GRT/USDT bulls are you strong enough ?GRT / USDT
Technical Analysis 🌟
Price rejected down today after bulls failed to break trendline
strong daily support area = 1.90$ -1.80$
Price likely will visit this area and if bulls show strength and hold it we expect another try for a breakout
If price close daily below 1.80$ then we expect dump
Hope this analysis help
Best wishes
GRT/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for GRT/USDT after a long long run..
I am waiting for a health correction to entry at the market
So I reckon you guys to entry at my sign, HODL, and take profit at my sign "potential target"
Make your own analysis sounds better
Critiques and comments are super appreciated
Happy trading y'all and good luck!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
RED WEEKEND BEFORE BREAKOUT ?Good morning lads and ladies!
Here is a small update on the total market cap excluding BTC on the 4h time frame. The only one which looks bearish at the moment. No rush and no need to worry, all in all it is still very bullish on the major trend. We are still about to face some parabolic moves in the near future! It is all about risk management.
my idea:
While the 1, 2 and daily TF looks almost done dumping, the 4h is still showing some bearish momentum to me. The lower horizontal line is considered an important level to me. It seems likely to me that we visit this area before smashing resistance. Took some nice profits over the last two days and I am out of most margin positions, except GRT and 1INCH. Their risk-reward is very good atm, even if we drop more.
Shakeout before breakout. Risk management. Play safe.
Cheers!
GRTUSDT (4H chart)GRTUSDT (4H CHART) Technical Analysis Update
GRT/USDT currently trading at $2.09
Buy-level: only buy after Resistance line breakout (above $2.20)
Stop loss: I will update once I see the breakout
Target 1: $2.60
Target 2: $2.85
Target 3: $3.00
ALWAYS KEEP STOP LOSS...
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