GRT, one of the new Coinbase Altcoin that has not startet its cycle yet. + Defi Momentum attribute
technical we build a W formation Base as support around current Level. The Green lines are the pivotal level that confirm the higher lows of the trending upmove below resistance.
From that point the price should grind to previous all time high. Once All time high breaks (daily candle close or some consolidation with following break up) will start the bullish market new cycle.
technical we build a W formation Base as support around current Level. The Green lines are the pivotal level that confirm the higher lows of the trending upmove below resistance.
From that point the price should grind to previous all time high. Once All time high breaks (daily candle close or some consolidation with following break up) will start the bullish market new cycle.
Note
GRT BTC Pairin comparison to the USD Pair we can see a similiar bullish structure on the BTC Pair! This gives additional bullish confluence for the new bullish market cycle once we get the breakout above previous all-time high (of USD Pair)
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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.