GRT / TetherUSLong
GRT/USDT bullish breakout possible
GRT/USDT pair has formed a large symmetrical triangle. The triangle has been formed in more than 30 days so the pattern looks reliable
The breakout looks plausible because the ATR has also dropped to a major support level
Additionally an RSI divergence can be spotted with increasing RSI while there is no change in price. This indicates a bullish breakout. Note that the build-up is nicely supported by the 200 EMA
Before buying, confirm the breakout using bullish patterns or trade the first pullback
The breakout looks plausible because the ATR has also dropped to a major support level
Additionally an RSI divergence can be spotted with increasing RSI while there is no change in price. This indicates a bullish breakout. Note that the build-up is nicely supported by the 200 EMA
Before buying, confirm the breakout using bullish patterns or trade the first pullback
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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.
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.