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GRTUSD Perpetual Swap Contract

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GRTUSD.P trade ideas

GRTUSD-2 possible scenariosGRTUSD is currently chilling in the big picture 618 pocket. It appears to still be in a large falling wedge. I think that we probably get a recovery rally here, but we will need to break out of the falling wedge, and establish the $1.50ish area resistance as support, otherwise I think that we head down further if BTC continues its sustained correction. I still have fib confluence around 80 cents as my personal floor/strong buy area. My two scenarios and everything that I have mentioned are pictured in this chart. Thank you!
COINBASE:GRTUSD
by Dawnchorus
2
GRT is it exiting the consolidation period?Analysis recap: RSi - 50.0 very neural MACD - Golden cross on 4H (not very significant for GRT in this period) On the chart we can see a Descending Wedge almost completed, if it wont breakdown to the downside it will be the signal for GRT to finally get back the momentum it has in FEB. Suggested price range for long entryes 1.35 $ - 1.48 $ on short term we might not see any major move. If GRT complete this pattern holding the support the target is going to be an ATH. I am going to update this idea.
COINBASE:GRTUSD
by Enrico_DiCensi
2
GRT - If it took the same path as MATIC did...I saw a similar comparison on either Twitter or an Idea here and decided to chart it myself. MATIC and GRT had very similar paths, at least since 3/1/2021 (on different scales). The orange line is MATIC, and the blue is my hypothetical GRT path. In a time when a massively oversold and undervalued coin like GRT is down over 30% in the last 60 days, it's good to remind ourselves of how these things tend to play out over time. If GRT took the same path up that MATIC did, this is what it would look like. I've said this before, but with a market cap under 2 billion, GRT's potential has never been better. It really should be in the top 10/20 spots by market cap, but isn't yet. That is fine as this just gives us time to accumulate more and more at these prices. I'm not a crypto billionaire. I get paid every couple weeks. I pay my bills, put some in savings, and what's left goes into GRT right now. The more time I have to load up my bags, the better. Of note, Vitalik Buterin recently mentioned the graph as a solution to querying historic data from the ETH proof of work blockchain, in an interview regarding ETH2.0 vitalik-buterin-talks-nfts-daos-defi-and-the-next-billion-ethereum-users `"The entire transaction history of the blockchain will still be in this proof of work chain. But, eventually, Ethereum clients will delete the old code, which will no longer be compatible with the new version. “And people are going to have to either use old nodes or create special-purpose protocols to handle really old data,” he explained. Tools such as The Graph, which can efficiently locate old data, are already available, he noted, and new ones are being developed.` I'm confident that holding GRT will prove to be a smart move in the long run. Good luck!
COINBASE:GRTUSDLong
by jeremy_bearimy
1