GRTUSDT.P trade ideas
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.
🔥 GRT: The Big ShortAlthough the rest of the market is dumping, GRT is showing relative strength. My assumption is that this relative outperformance is only temporary, and GRT will go down as well in the near future.
I'm waiting for a final move up, ideally touching the top resistance of the triangle, to make an entry. Note that the triangle pattern is a bearish triangle, classically a bearish break out pattern.
Assuming we're going to see a longer period of downwards pressure, GRT can fall all the way towards the bear market lows, around 0.055, although it's wise to take partial profits and/or move the stop around the 0.11 and 0.9 levels.
GRT WAITING FOR TRIGGERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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WHAT'S NEXT FOR GRTUSDT
As we can see price is still around a support zone from higher time frame!
From a medium-term price got stuck inside big sideways market, and price now is testing our lower bound, where we will be looking for new longs as well
However, from a short-term perspective price is trading inside this falling channel, and for the bulls to kick in we need a break above the last major high marked.
Then a movement higher would be expected.
1-2 Risk To Reward Ratio from a risk management perspective and from an Edge over the market
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!
GRTUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Still in pos, switched my main option on triangle in wave of (iv)
Entry: market and lower
Targets: 0.21 - 0.24 - 0.27
after first target reached move ur stop to breakeven
Stop: im w/o stop(depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.