After GRT's massive pump, it went into a correction phase which has formed a descending triangle that touched twice around $2.15, which is usually more of a bearish signal. Support holds around $2.12. If support breaks in the next day or two, then we could fall to $1.80 or lower. If the bulls are strong enough, then we could pop back up to our next high.
Note
It looks like GRT is now heading down further.Note
Dump inbound. Time to buy.Note
Bull flag + MACD possibly flipping upwards on the 2HR.Note
Market dump inbound. Stand by.Note
Assuming the market is not dumping any further tomorrow, if GRT is able to break above this trend line then we should be heading back toward the high $2 - low $3 level next.If we dump further, then buy in at support levels as it goes down. I don't like giving people exact buy numbers because you never know how far the market will correct.
*** NOT FINANCIAL ADVICE ***
Note
GRT is still consolidating.
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.
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.