GRTUSD trade ideas
GRT Cup & Handle (update)So, this cup and handle is playing just about exactly as predicted, but BTC is the big wild card here. If bitcoin reaches 36k today, then I think we should see a $0.60 GRT or more. Keep your eyes on BTC, it may fall back down to the levels we saw yesterday if it gets rejected somewhere in the 34-36k range.
GRT - LongGRT fell out of my upwards channel and then bounced back in, which is a bullish sign. I'm expecting it to go up to about 0.6 before correcting. This idea is very much dependent on Bitcoin. If Bitcoin does not hold its current level, my chart will be invalidated. Good luck everyone.
GRT Cup And Handle Elliot WavesWithout all of the lines drawn, GRT/USD is forming a large cup and handle pattern.
The buying volume increased on GRT as it formed the second half of the cup and the selling volume is decreasing as it is forming the handle right now.
I charted 2 resistance lines (RED) and 1 support line (GREEN)
Elliot wave 3 will start at the upcoming support line and will break out of the cup and handle pattern until it reaches the next fib resistance point at 0.90, which also lines up with the resistance line formed by the chart.
Elliot wave 4 will be a sharp drop (as wave 2 was a shallow drop) from 0.90 to 0.60 to retest the breakout.
Elliot wave 5 will be a bounce from the resistance which will turn it into a support line. The wave 5 will then continue up until 1$ which is both a hard resistance and it perfectly lines up with the resistance line formed by the chart.
The Fibonacci levels works out for the elliot waves but I did not include them because the chart would be very cluttered.
GRT BUYZONE UPDATEhey guys i just wanted to update the chart with a little risk/reward added in
GRT came down to the buy zone as expected , and when the price moved down too much
the market continued to push it right back up , i also corrected my movement prediction .
bcuss this bar on the daily fits in perfectly , lets see if im right about the bars .
but this is a great buyzone bcuss the market doesn't want GRT to go any lower than this general area again .
i personally don't think we will ever see .25 again . GRT seems too push .20+ on strokes so far , but its still the beginning
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GRT road to .90 (UPDATE) BUYZONEhey guys just seen GRT came right down to my support .
its amazing how GRT has been flowing
just wanted to give you guys a update on entering a BUYZONE ,
if you guys sold with me back when we hit the pit stop , this is the time to buy again .
even if you been holding this is the time to buy more if you can/want .
comment and tell me your GRT story ,
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GRT road to .90 (UPDATE)hey guys GRT made a good support on the 15 and 30 minute chart ,
this is just a quick post to see if it reverses here or continue to the 4hr support
Obvious Cup & Handle (Revised + Chart Art)This is little more than chart art, but i wanted to put together a realistic "guess" as to the path that GRT takes after BTC bounces. I was playing with the idea of the lows and highs, matching them to other lows and highs that correlate loosely with the cup & handle formation. This is pure speculation....
Obvious Cup & HandleIt's pretty clear what's going on (IMHO). There is obviously FOMO for "buying at the bottom" (for ETH, BTC, GRT, etc.), which is understandable and the only reason anyone is selling anything right now. I know it's tempting to sell. If I would have sold last night, i could have bought back in a bit cheaper to accumulate more GRT.... or it could have started skyrocketing and i'd be scrambling to buy less GRT than i had before at $0.68 a pop. No one has a crystal ball.
GRT road to .90 (UPDATE)Hey looking at the 1hr chart the green fully closed and the red has started .
this isn't a sell signal just yet , i'm going to post the 4hr in a second ,
the 4hr isn't close to closing but we have to see how far the 1hr is going to strike down.
Wave 2 in GRT possibly completeThe recent pullback in cryptos and subsequent reversal in GRT might signal the completion of a wave 2 pullback. There is also an alternate possibility that we are still in the first wave of wave 3 of one larger degree and the pullback was just wave 4. In either case, we should be headed higher if the reversal is complete. It also looks like many cryptos are seeing a strong reversal: BTC, ETH, LTC, ADA, etc. So this helps in confirming the reversal.
GRT road to .90 (UPDATE)Hey guys i been looking into GRT , & im starting to notice that the GRT token moves more when the market goes above 10%
after the market goes down after a 10% rise is when GRT makes its best moves , so im thinking GRT has its pumps when BTC and ETH are down .
seeing that the ICO for The Graph launch was mainly BTC and ETH , it makes sense , whales move profit from BTC or ETH to ALTS and the graph is going to be a main ALT to watch when this happens , im thinking when the market makes its move upwards GRT/USD will still be down and consolidating , once the BTC and ETH whales move profit over to ALTS the GRT token will benefit heavily , there are multiple other ways i viewed this from charting multiple pairs that moved the same day and week as GRT , if you guys want to learn how i chart or what indications i use for my trades , just send me a message i will deff help in anyway i can .
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CAN WE BREAK OUT AND REACH TO $1Hi everyone!
Hope everyone is having a great day so far. In my previous analysis I mentioned GRT creating a perfect cup and handle patterns and we might see a down trend to .$.42. We have strong support at $.49
Fibonacci extension levels shows us that we might be able to reach to $1 either way I will be buying more GRT and wait for the break out.
I wish everyone a happy trading!
GRT IS GETTING READY TO BREAK OUTHi everyone!
Perfect cup and handle pattern is forming on 4 hour GRT chart. We may go down to $.42 before a big break out to $.80. I will be picking up more once it goes down to .$.42.
Happy Trading!
Don’t sell! help keep it going up!We did see a few “Crispy-Thorns” over the past few days and we did see a large increase in profit as expected. We can see an increase to .80 or more on Sunday at the latest by the pattern of this “Odium Spike”. Despite the Axial Convergence we still have some pull going up. Beware of the transient phase it will sh3it. OwO.
#GRT shows Cup & Handle pattern - don't hesitate to grab it NOW!On the 4h time range graph of The Graph #GRT coin showing up the Cup & Handle pattern which is is a bullish continuation pattern. The bearish half of cup turns to be a bullish and then after falling wedge it turns to a bullish trend.
Graph situationResistance, HS pattern, but we have two supports we need to break.
currently : short.
Graph go upHealth poolback and rejection on support area. Above possible resistance, but main target is .8
