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GRT

GRT: Bullish Breakout Confirmed, Potential Entry on Pullback 💎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.
Long
by MyCryptoParadise_Nathan
Will GRT continue the rally?GRT is the token of an indexing protocol, Graph. The token has gained over 132.9% in the month of February. According to Dune Analytics, the total number of users of the protocol has increased by approximately 34% in the past year. The token saw 66% QoQ increase in revenue from query fees, as per Messari report. The increase in on-chain metrics strengthen the Technical Analysis Price moved above 0.1493 resistance with high volume, the level of 0.2067 is acting as resistance for the current price. If price moves above this level with high volume, we can further see the gain in price. 20-EMA can be used as a stop loss or entry point. The Teak Finance screener had selected the coin and has seen a gain of approximately 50%. Have a look at the screener. The screener gets updated on a daily basis and provides a pool of tokens to trade in. Screener: in.tradingview.com Note: Note: Please DYOR before trading/ investing. Studies are for educational purposes only. We will not be responsible for any kind of your Profits & Losses.
Long
by teakfinance
1
💡Don't miss the great buy opportunity in GRTUSD @graphprotocolTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3655). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GRTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 0.4237 TP2= @ 0.4702 TP3= @ 0.5128 TP4= @ 0.5612 TP5= @ 0.6260 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:GRTUSDLong
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in GRTUSDTTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.7387). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GRTUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 0.8684 TP2= @ 0.9215 TP3= @ 0.9881 TP4= @ 1.0653 TP5= @ 1.1627 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4