💎GRT has recently broken out of a descending channel by forming a W pattern and has exhibited signs of a CHoCH and a BOS towards a bullish market structure. These factors increase the probability of a bullish move.
💎Currently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the bullish order block (OB) for a better entry opportunity. Additionally, anticipation of a pullback before halving could be considered.
💎If the price breaks down below all entry levels with continuous red candles, it would be better to ignore GRTUSDT, as it may indicate unfavourable developments or news affecting the asset.
💎Currently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the bullish order block (OB) for a better entry opportunity. Additionally, anticipation of a pullback before halving could be considered.
💎If the price breaks down below all entry levels with continuous red candles, it would be better to ignore GRTUSDT, as it may indicate unfavourable developments or news affecting the asset.
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.
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.