GRTUSD
GRT: Is the Correction Over?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.
Be careful chasing The Graph It's been a great week for The Graph. While I do think it will continue upward to complete the cup pattern, I suggest caution. Volume has started to pick up, however it's trending towards daily exhaustion. Current levels aren't huge accumulation zones so I would recommend either a short term play with an exit around the previous resistance zone of .80. Or if you are long this Ethereum token I would wait for this current upswing to play out and then wait for it to pull back and consolidate into a cup with handle. You could then consider jumping into the mid to high .30 zone which have generally held support and are significant accumulation zones.
GRT/USD - Defies gravity at $2.88! Breakout even higher?GRT has done an amazing run these past two days, going from $1 to almost $3!
Holy hell! Congrats to all those that held from under $1!
Now we have formed a very interesting chart. We broke outside of this ascending channel and we may be about to make it support!
If that happens, then higher levels will be possible and I'd not be surprised to see GRT go to $3, $4, $6 and beyond.
For now we need to take a breather here, ensure the previous resistance becomes support and then we're good to go higher still. The yellow parabola allows for quite some space for the price to relax before pushing higher still.
The indicators are also cooling down slightly, but momentum is very strong, as indicated by the volume... I mean, we have not had this kind of volume since our last ATH.
Bias is very bullish for GRT and remains so as long as we stay above the old channel.
Enjoy!
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GRT 12h Made +600% will it grow more or is it time to fall?Less than a month has passed since the publication of the previous idea on GRTUSDT , and the price made x6
Let's figure out how it happened.
In the previous idea, we expected a 30% correction in the GRT price, received -25%, and the GRTUSD price began to turn upward.
The goal of the idea was x2-x3. And when the price of GRTUSDT reached there, it was too late to stop growth) Growth continued without stopping along at the levels upwards, as a result, +600% in 3 weeks, congratulations to those who earned!)
Growth is manipulative, without volumes - this is bad , when a reversal will occur, it is difficult to say with certainty.
It is felt that the price drop is close. Although lumbago up to $3.30 should not be excluded from the scenarios.
Nevertheless, in the future, the price of GRTUSDT will be pulled towards itself by the liquidity zone of $0.84-0.95.
Do not forget to take your profit from the market on time.
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GRT/USD - Pumping hard towards $1.5! 🚀🚀🚀GRT broke the previous resistance line and now we're clear to pump higher towards $1.5 which is our next resistance line.
What is even more impressive is that GRT similar to KNC has been pumping today while BTC, ETH and most alts dumped. This shows GRT is very well positioned to make more gains.
Indicators looking good. Let's see if the price can rise to $1.5 and then we can analyze again the price action.
Enjoy the profits! :)
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GRTUSD Price Discovery I am guessing 4.236 FibEx! You?BINANCE:GRTUSD
I'm going with the 4.236($3 zone) Fib extension to start because it's where they pumped THETA to.
Just a guess.
Market cap is roughly $1B at time of posting....People say this is like the google of blockchain!? That means big value.
$3B, $5B, etc....