GRTUSDT.P trade ideas
#GRTUSDT 4H Chart
As predicted, price took out the liquidity present below the support and moved up again aggressively. MACD is showing some bullish momentum, RSI is bought and EMAs are neutral. I am looking forward to entering a long position from $0.092 depending on marjet conditions once price taps into it.
GRT forming double bottom patternThe GRT is forming double bottom pattern and base on the chart ,currently bounced off from major soppurt bottom,so as we can see on the chart The price could breaks yellow trend line i will expected price more gain to 0.118 and then 0.125
And if
The price could not move above yellow line we will see move back to bottom.
Grt/usdt analysis GRT/Usdt
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
This chart is likely to help you in making better trade decisions.
I am not a market maker I could be wrong.
Everything is on the chart.
Everything depends on the BTC movement
Thank you
GRTUSDT is testing the 4h resistancesthe price is testing the daily support on 0.09$ inside a falling wedge.
On the 4h timeframe the price is testing the dynamic resistance below the static 4h resistance.
How to approach it?
IF the price is going to have a breakout from the resistances and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
#GRTUSDT 4H Chart
Price is currently bouncing off the support area around $0.9 which has already been tested multiple times. MACD is showing some bullish momentum, RSI is neutral and EMAs are bearish. We might see a sweep of this support area as lots of liquidity is resting below it however overall price should keep moving up in order to take out the equal highs at $0.1245.
GRT plan of attackWe have touched the overhead resistance 3/4 times now. Looking for some consolidation here, and grinding up against the resistance more and more, before a break out.
Down below on the upsloping support line would be a sensible place to take a long; with an easy invalidation/stop loss just below.
Good luck everyone!
GRT is going to Decrease + Target Provided!GRT is in a Descending Triangle and we can Expect the Price to Fall because Not only The Price is in a Bearish Pattern and That the Price would Decrease as much as the Measured Price movement (AB=CD) ,We also have a Hidden Bearish Divergence (-HD) on MACD as well! This Means that The Bulls are in Real Trouble Right now! The Price should Reach around 0.105$ after Descending!
-GRT is in a Descending Triangle
-Price will Decrease as much as the Measured Price Movement (AB=CD)
-(-HD) On MACD
-0.105$ Is the Right Price!
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Thank you for seeing idea .
Have a nice day and Good luck
Allow $GRT to Heal from its WoundsFinding support at extremely oversold level and I feel it is relatively a reasonable entry to take a trade. Altscoins were brutally targeted since early April where $GRT lost 70% of its value in such a short short span of time. I am entering the trade with small downside risk and at the same time would like to hold through the bearish period. If it starts losing more, then it is good to exit at the critical support level.
GRT - Back on EL LevelThere is an interesting view for GRT - that is back on before entry-level.
We will see if this coin will get some increased volumes above as it's an important zone.
As always there is no guarantee in markets, your real guarantee, is your risk management.
This coin's choice as markets Techincal signal shows as interesting.
Coins could have in a small time frame an increase - but in long term, all can change.