The GraphUpdated GRT: The Shaded Squeeze
Bitcoin FUD is causing panic sell offs across the whole crypto market. Buy the dips and hold. We still have plenty of room for growth.
Current situation:
Strong support: $1.60 - $1.70
GRT needs to retest the .382 fib @ around $1.93
Breakout: .5 fib @ around $2.11
Confirmed breakout: Wave 5 begins. 1st major target 1.618 fib @ around $3.89
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If $1.33 breaks down then this entire idea is cancelled.
*** NOT FINANCIAL ADVICE ***
Current situation:
Strong support: $1.60 - $1.70
GRT needs to retest the .382 fib @ around $1.93
Breakout: .5 fib @ around $2.11
Confirmed breakout: Wave 5 begins. 1st major target 1.618 fib @ around $3.89
-----
If $1.33 breaks down then this entire idea is cancelled.
*** NOT FINANCIAL ADVICE ***
Note
Bitcoin is making a recovery right now, which is also slowly boosting the alt coins. I think if Bitcoin is able to maintain this upward momentum in addition to the recent stimulus checks that are being released we should start seeing some activity soon.Note
It's getting closer...Order cancelled
Bitcoin didn't hold. This idea is cancelled for now.
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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.