GRT / TetherUS

GRT/USDT - Wait for leg 5 to end then buy breakout

634
GRT has done a fantastic run after being listed on exchanges.

Now, as expected, we are in a deep correction which should come to an end soon, we appear to be on leg five in a 5 leg correction.

Once we reach a price level between 0.3 and 0.25 expect to find support and then if we break the descending channel we should look for longs at breakout/retest of channel top line.

If we fall under 0.25 support level, then we're in for a deeper +80% correction. In such a scenario we will find support around .10 most likely.

Merry X-mas everyone!

Like and subscribe!

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.