Updated

GRT/BTC Main Trend. Cup 230%. Accumulation channel 42%.

A large cup is forming. The price came out of the downtrend secondary (red line). A 42% channel has formed in the sideways trend (potential 2 phase of the cup), i.e., accumulation of the position.

GRT/BTC Secondary trend. Channel 42%.

Note

There is a further accumulation of the crypto phantom in the horizontal channel. The price is at the support zone of the inner channel. Standard work in the accumulation channel.

Note

price reached the support of the horizontal channel level 1521. Local descending wedge.

Note

Horizontal channel support due to BTC/USD price growth broke through (leveling/adjusting price to USDT). Working with the local resistance of the wedge.

Note

After the break of the local descending wedge, a potentially reversal trend pattern was formed - a double bottom.

Note

+40% c breakdown of the wedge resistance. The price entered the mirror resistance level (support of the accumulation channel).

SpartaBTC

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GRT/BTC Secondary trend. Channel 42%.

by SpartaBTC

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SpartaBTC

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2