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GRT / TetherUS

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GRTUSDT trade ideas

GRT had a Good Run |🚀👀 What's Next for GRT?💎 Paradisers, gear up for an intriguing trading opportunity with GRTUSDT. It's currently in a phase of noteworthy activity within the demand zone, signaling a potential pivot to an upward trajectory. 💎 TheGraph has been consistently following a descending channel pattern. Recently, it has broken above this pattern, leading us to expect a surge towards a resistance level, then a quick pullback, in line with its established pattern. 💎There's a high probability of a bullish turn initiating from the support level at approximately $0.1227. Having successfully broken out of the descending channel upwards, GRT is now likely to target resistance levels around $0.23. 💎 Timing is crucial for savvy Paradisers. Pinpointing the most advantageous entry points during this rise is essential. Exercise caution and avoid buying at the peak of the movement. 💎Additionally, be mindful of the potential for GRT to drop below the $0.1150 support level. A breach below this pivotal point could cast doubt on the longevity of the upward trend.
Long
by MyCryptoParadise_Simon
GRT/USDT particularly as it approaches a crucial resistance area💎 GRT has consistently been a point of interest in the market, particularly as it approaches a crucial resistance area. Historically, GRT has faced strong rejections at this level, but a successful breakthrough could signal a significant upward shift. Achieving this would mean a probability movement towards our targeted daily resistance. 💎 However, if GRT is unable to surpass this resistance, remaining in consolidation at this level for the next few days, it risks facing another rejection. This could lead GRT to reverse its direction, moving back towards the demand area. 💎 The demand area represents a critical support level for maintaining GRT's bullish momentum. Should GRT fail to rebound upon reaching this zone and be unable to sustain levels above this key support, it risks a breakdown. A failure to hold above this key support could lead to further decline, possibly taking GRT to lower levels.
by MyCryptoParadise
3
GRT - Graph MASSIVE Upside Potential💎Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎 Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp). The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response. The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network. The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval. The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap. From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity! It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:GRTUSDT
Long
by CryptoCheck-
13