Thegraph
GRT The Graph LONG 20230214Signal:
Red -> Green
Context: Green * N
GRT, The Graph, GRTUSD , GRTUSDT, GRTUSDTPERP , CRYPTOS, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
GRT (the graph) Is confirming breakout from descending channelWe can see here on the weekly chart that GRT (aka The Graph) has broken up from its descending channel and price action is currently very close to the descending channel’s breakout target. Much like many other crypto assets at the moment, we can also see that that descending channel has a large flag pole attached to it as well forming a bear flag. While the descending channel has validated its breakout, it is as of now still uncertain whether or not the bearflag will confirm a bullish breakout as well and pull an inverted Bart pattern. However, CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the ChatGPT effect.” Consider all the hype behind AI focused cryptos at the moment this greatly increases the probability that GRT will also confirm the bullish breakout up from the bearflag and reach the higher bearflag target as well. I have posted both targets here on the chart and will update this post once each target is hit. GRT is an indexing protocol that is setting itself up to be the decentralized google for searching blockchains.
GRTUSDT, new opportunity to growth, THE GRAPH. Update2Hello guys. This is an update of previous analysis (blow link), As you can see on the chart the first and second targets with 216% reached, and then the price corrected to fib 61 and needs some rest here and has a good support base on TP1, for now I expect the price fill the weekly candle shadow and new ascending is on If the whole market follows. So I expect growth to the other targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
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✴️ The Graph | Warning! ... Can Do More (Name Your Altcoin #33)Even though The Graph (GRTUSDT) has grown massively it can do more...
Let me make my usual disclaimer... I/We do not recommend buying here nor trading already moving pairs.
We have a trade idea for GRT way before it started to grow and we like to catch the bottom/low/support and get the full move to the upside. This way we get low risk with high potential for reward.
With that said, even though this one already has strong growth it can do more.
A correction can happen anytime.
Shakeouts can happen anytime...
If you jump-in now it becomes very complex on how to trade.
If it drops... Will it recover?
Or will it continue lower?
If it continues higher... How far up will it go?
Should I sell? How much?
Anxiety, stress....
See my chart for GRTBTC for example, before it grows.
5-Feb |
This is just one example but you get the idea.
Back to GRTUSDT.
Based on the hundreds of charts that I read on a weekly basis, this one has more to give.
We have the highest volume ever by far.
The strongest RSI ever by far... So even if you see a retrace it should be temporary before additional growth.
The next target/more details on the chart.
Remember to boost, follow, like, share, tweet, video, call, print, promote, drink, party, relax, meditate... Oops!
Remember to show your support.
Namaste.
The Graph ($GRT) - demand zone and range $GRT The Graph
-> Continuation on a break above .1680
-> holding range eq atm
-> ideal long zone below in green (.618)
Either current level holds or green for a long setup. I prefer green but if this pushes we may have already got our chance to buy there with the local low.
Below green I think the major move is over on a macro level.
Vatsik
GRT (Y23.P1.Video2) continuing the TA storyHI Traders,
An update that gives the context of price action up til now... Finding a lot of things lining up well with MA and Fibonacci.
Lets hope it continues this predicable path.
We also look at the possible short term scenarios.
Please give me a like and share,
Regards,
S.SAri
GRT The Graph LONG OPPORTUNITY 20230210Signal: Red -> Green
Context: Green * N
GRT , The Graph, GRTUSD , GRTUSDT, GRTUSDTPERP , CRYPTOS, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Why GRT price growing and what do GRT and ChatGPT have in commonToday we will talk about the GRTUSDT trading pair.
The downward trend in the GRT price began in February 2021, almost a year earlier than most altcoins. Because in 2021, interest in DEFi projects began to wane. The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem.
Now, interest in the DEFI sector is returning a little bit, and the volume of locked assets (TLM) is increasing, but it is hard to believe that these events provoked such a rapid growth in the GRTUSD price. Moreover, price growth on falling volumes is not okay.
No matter how ridiculous it may sound, we assume that many crypto users buy GRT because of the similarity in sound and spelling to the hype ChatGPT
And if our assumption is correct, we can congratulate all of us - the alt-season is near . In our memory, the last time it happened was in 2017, when users did not really delve into the essence of the project but bought it because it would be more expensive tomorrow.
And if we are wrong, please correct us in the comments below the idea.
As for the possible movement of the GRTUSDT price, we are more inclined to the white scenario, where the price will not be able to gain a consolidated above $0.18-0.20 and will begin a correction to the $0.11 area.
On the other hand, if the hype around GRT continues, which we don't understand, and the price is able to gain a foothold above $0.20 . We don't see any strong obstacles to continuing the rapid growth to $0.39-0.40 on the chart.
_____________________
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GRT in Motion: A 1-Hour Trading Chart Analysis of the Fast-PacedIntended Audience: New traders just learning to Trade Crypto
Fundamentals:
GRT is a cryptocurrency built on the Solana blockchain, designed to provide a fast, secure, and efficient platform for decentralized applications and digital assets. GRT aims to offer a scalable and low-cost solution for businesses and developers to build and launch decentralized applications and digital assets.
The platform provides a range of tools and services, including a high-speed decentralized exchange, a marketplace for digital assets, and a suite of developer tools to help businesses and developers create new decentralized applications and digital assets.
GRT aims to make it easy for businesses and individuals to participate in the decentralized economy and to access the benefits of blockchain technology, such as fast and low-cost transactions and increased security and transparency. By offering a fast, secure, and efficient platform, GRT aims to empower businesses and individuals to build the next generation of decentralized applications and digital assets.
Technicals:
A 1-hour chart analysis of GRT can provide valuable insights for short-term swing traders of the cryptocurrency. The recent 30% increase in the price of GRT in the last 34 hours is a significant event that can impact the short-term performance of the asset. By examining the price trends, volatility, and volume of GRT over the past hour, it is possible to make predictions about the short-term performance of the asset.
For instance, the recent price increase in GRT, accompanied by high trading volume, can indicate a sudden increase in demand for the asset, which can be a good opportunity for short-term swing traders to take advantage of the price increase and sell at a profit. However, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may be a concern for short-term swing traders.
Additionally, a 1-hour chart analysis can also provide insights into the impact of any major events or news on the price of GRT. For example, if there was a significant spike in price following the announcement of a new partnership or product launch, this may indicate that the market is optimistic about the potential of the project and that short-term swing traders may benefit from this positive sentiment.
Overall, a 1-hour chart analysis can provide valuable information for short-term GRT swing traders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying and selling GRT, and potentially capitalize on short-term price movements.
GRTUSDT, new opportunity to growth, THE GRAPHHello guys. As you can see on the chart, finally the breakout happened and pullback and new ascending is on If the whole market follows. So I expect growth to the first target and then next targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
GRT - Clean Wedge Pattern! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
GRT has been overall bearish trading inside the red wedge pattern and it lately rejected a demand zone 0.05
🏹 For the bulls to take over, thus have a shift in momentum from bearish to bullish, we need a break above the last major high in blue.
Meanwhile, until the buy is activated, GRT would be overall bearish and can still trade lower inside the demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GRT The Graph LONG TRADE 20221225Demand Zone
Signal: Blue * N in different timeframes
GRT , The Graph, GRTUSD , GRTUSDT, GRTUSDTPERP , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.