GRTUSD trade ideas
GRT has the fundamentals, will price follow?GRT is being called the "Google Of Blockchains" by some and while I understand its protocol use/function, Im more impressed seeing its current usage/integration in the most top used and fee generating protocols... similar to LINK's oracle, I think GRT might have a role as a pillar protocol in the greater DeFi/crypto ecosystem... regarding GRT/USD, we are looking at some price consolidation after breaking the previous 80 cent resistance and making an all time high at $2.89/GRT
I will continue to watch the price action and manage around any technical breakdown in BTCUSD price or GRT/BTC ratio but regardless of short term price moves, I'm leaning bullish if we continue seeing The Graph protocol integration, adoption, and dependance into DeFi/greater crypto. I don't have any specific short term price targets, but I did chart a possible parabolic path... will update as the price decides its direction, but if you want to learn more about The Graph and GRT, I linked a Finematics youtube video that does a great job of explaining the importance, usage, and potential of the protocol hope that helps, cheers!
The GRAPH - Google Of Blockchains? GRT Token Explained
youtu.be
GRTUSD ready for a big break out Grt seems like it is ready for a huge break out. As you can see it has been testing these lines and respecting them so far. Creating a bullish flag. Once we break out of this we should see huge climbs.
-= Happy trades and good luck! =-
*This is not trading advice
The GRT Buy Potential 70% Gain Buy Signal TriggeredScript Buy signal triggered, 13 EMA crossing up 50 SMA strong buy sentiment. The GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
*Update 03/03/21* The Graph did test the 200 SMA Again and has since triggered a strong BUY signal with the 13 EMA Crossing Up 50 SMA. New Fresh Highs Insight!!
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
Important Resistance Levelshere are some important resistance levels. I put the price tag on them for an easier read. Little patience and we will reach our target
GRTUSD Parallel Channel I am keeping an eye on a potential breakout soon. Should be able to retest ATH, Cheers✌️💫🚀
GRTGRT trading inside the bull flag still and what we are looking for is a breakout, IMO we could see it continue to trade downwards inside the bull flag some more then breakout to the upside, we could very well see a breakout in the next coming days aswell, as we see the EMA ribbons look very strong and look like they wanna go up, Ichimoku cloud also leading creating some support
The GRT Buy Potential 70% Gain Update on courseThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
The Graph: Symmetrical Swinger PartyThe Graph (GRT/USD) has formed a symmetrical triangle, which is a bilateral pattern, and there's a lot of opportunity within the pattern to surf the irregular impulses if that's your thing. You can also just go long and wait for it to smash resistance, cuz when it does it's gonna skyrocket with explosive gains for the lucky traders already in position (if BTC behaves). So let's hope BTC plays nice!
*Not financial advice; trade at your own risk. Always utilize a stop-loss to mitigate that risk.
**Follow me for more lucrative swing trades in the making; I regularly publish new ideas and easy-to-follow charts to maximize your swing gains. However, please use your own due diligence before investing in any asset you come across. These are my own trade ideas, my own opinions and I'm often trading them right alongside you. I've been crypto swing-trading since 2017 and have done quite well for myself in that I am able to do it full-time. If these help you in any way, please let me know! I provide solid TA, including Elliott Wave Count for all 37 USD-paired cryptocurrencies featured on Coinbase. Good luck and safe trading!
Paul (Jalapablo)
Quick chart for GRTPrice movement prediction on GRT.
Seems like a good chance to buy some now. I would enter small and watch carefully and adjust accordingly though.
Price high prediction= $3.50
Price Low prediction= $1.50
*Please leave a like if you find this useful thanks*
GRTUSD in a weekend quick tradeThis altcoin hasn't pumped yet, while others are running. A weekend trade with specific entries and exits are crucial.
GRTUSD Buy the BreakoutHello Traders!
GRTUSD failed to break the trendline 2 times but now as we can see it has broken the trendline and it has tested the trendline.
Risk is 8% and the Target is 35% of the Investment.
Don't forget to hit the like button
COINBASE: GRTUSD 1HR 02-27-21 2341BUY 653.44 @ .00003539 - .00003660
Value + Technical Setup.
Top 3 Potential + Sustainable.
'The' Google of Blockchain.
@ $1.75/share.
Disclaimer:
This is NOT investment advice.
Opinions are 'my' own.
Please invest responsibly.
#GRT 🌝LUNAR MOONSHOT 🌚
🛐
Crypto Market & GRTUSD Technical Analysis & Predictions 2/26/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
GRTUSD IdeaI was originally hoping this was a WXY completed pattern, but I'm only seeing a 3 swing move to create another Wave A instead of a 5 swing indicative of an impulse move. Because of this I'm thinking we're beginning Wave C of X2 of a WXYXZ pattern. This is in line with what I believe will occur for BTC as well. We'll be looking for a 1:1 here compared to the Wave A of X2. It will ultimately come down to finish the Wave Z (larger Wave 4) and we'll look for a 5 wave impulse to start of Wave 5 of the macro count.
Also, you can see bearish divergence on this 1H chart for this current move.
Here's the macro. If this plays out, I'll be looking for a 3.50 - 3.60 conservative target
GRTUSD downtrend vs 200EMA GRTUSD on the 4 hour is looking interesting as the recent downtrend seems about to collide with the 200EMA. The next few days could see some big moves.
GRT $4.00 in a couple weeks (maybe?)Purely speculative... not a very technical post. Sometimes it's nice to just publish your thoughts. That said, I feel like GRT is severely undervalued right now due to nothing more than the recent bitcoin pullback(s), and this is just one possible path to $4.00. I hoped for a chance to buy GRT at a discount, and here it is, so I'm going to get what i can while I can while it's relatively cheap. Also, is it just me, or was it just really hard to win any trades the last few days? On the short-term, it just seemed impossible to predict any move at all. That said, i've made some really bad trades this week, so don't listen to anything I say. The whale's AI bots were on point this week, i guess. ;)
*Side note: it's the weekend, so i personally am erring on the side of LONG vs SHORT when it comes to small timeframe breakouts.
Trade responsibly, my friends!
