GRTUSD
GRT The Graph migration to ArbitrumIn my opinion, despite the majority support for The Graph Improvement Proposal and the planned migration to Arbitrum, there are potential concerns for the GRT crypto token. The shift to Arbitrum, as an off-chain solution, may introduce uncertainties and risks that could impact the token's value.
Furthermore, the support level of $0.052 could be a significant point to monitor, as breaching that level may trigger additional selling pressure and potential downward momentum for GRT.
Looking forward to read your opinion about it!
GRT LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GRTUSD ❕ above the channelTrading volumes have increased.
The price has fixed above the upper boundary of the channel.
The asset fixed above the 200EMA on the 4H TF.
The 50EMA broke through the 200EMA on the 4H TF.
The RSI chart is moving in the buy zone (4H, 1H and 30m TFs)
I think the GRT will continue its rise.
THE GRAPH long term more gain and shine 💣🚀💣Hello 🐋
we expect to see more gain for the price in log term targets 🚀💣
Brief explanation 📖👌💡
It is an indexing protocol designed with the specific aim of querying networks like Ethereum and IPFS.
In simple words, projects with complicated contracts (such as Uniswap and even the Bored Ape Yacht Club NFT collection) store information on Ethereum’s network.
The Graph makes it very difficult to read anything other than the basic data directly from the blockchain.
Without getting too far into technicalities, The Graph solves the complexities through a decentralized protocol that’s designed to index and enable the performance of efficient querying of the network data.📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GRT CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The Graphhello everyone...
graph is out of the falling wedge... made a strong movement and currently trading above the 0.14
the next main resistance is 0.33 which is highly possible since the weekly rsi is above 50
I think the bear cycle has completely ended for this coin and bull has taken over for long run
good luck
RSI Spikes an correlating market structure.When using .768 and .236 for the upper and lower RS] bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value.
When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your entries and exits with a moderately higher chance of accuracy than without or with traditional Fibonacci levels. I will often draw a candle around the first 15 minutes of market price in the day based on Jerusalem the timezone, (not showing on chart) thusly, giving a very accurate area of interest and high value as well.
RSI Spikes an correlating market structure.When using .768 and .236 for the upper and lower RSI bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value. When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your entries and exits with a moderately higher chance of accuracy than without or with traditional Fibonacci levels. I will often draw a candle around the first 15 minutes of market price in the day based on Jerusalem the timezone, (not showing on chart) thusly, giving a very accurate area of interest and high value as well.
GRT Triangle bigger than originally thought.After several candle close outside of the original yellow triangle, it is clear that the more valid triangle is now this bigger tan triangle. We can see the top trendline of the tan triangles trajectory angle also matches the angle of the purple descending channels as well for added confluence. While that means we haven’t yet actually broken up out of the triangle just yet, the good news is when we do the breakout target will be higher than original expected. I arbitrarily placed the breakout measured move target line here for a rough estimate. opefully it breaks out of the triangle somewhere close to this region. *not financial advice*