Updated

GRT/BTC Secondary trend. Channel 42%.

A large cup is formed, in it formed (potential Phase 2) horizontal channel 42% (shown in the graph). Work in it. The price came out of the downtrend secondary (red line).

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

GRT/BTC Main Trend. Cup 230%. Accumulation 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

✅ 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

Also on:

Related publications

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

by SpartaBTC

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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