GRTUSDT 4H Touching the bottom - Double BottomGRTUSDT 4H Touching the bottom - Double Bottom
GRT is a necessary value for the development of dapps on different blockchains, so it has an intrinsic value.
Since March 2024, it has been falling gradually to the current area of 0.14
It is possible that in this area it has touched the bottom x 2 times and developed a minimum greater than the previous one. On the other hand, it is leaving the bearish channel that until now conditioned the price, so the probability of an upward change is imminent.
If BTC gives an upward push again, GRT will rise strongly.
If BTC corrects, up to 49K, GRT could correct a little more, but the feeling is that we have touched the bottom.
Levels:
SL1 - 0.1345
SL2 - 0.11
TP1 - 0.2175
TP2 - 0.3535
TP3 - 0.4945
Grtusdt
Trade Setup: GRT Long PositionMarket Context:
GRT is currently breaking out of the top of its range support level, offering an opportunity for a potential long position if this breakout is confirmed.
Trade Setup:
Entry: Long trade between $0.15 and $0.16.
Take Profit:
First target: $0.20
Second target: $0.247
Stop Loss: Close under $0.1445.
📊 This setup takes advantage of the breakout opportunity while managing downside risk with a tight stop loss. Keep an eye on the breakout confirmation for a solid entry. #GRT #CryptoTrading #Breakout
GRT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
JSE:GRT has been in a bearish trend since March 2024, and it has respected the lower support level at $0.1463, forming a new support trendline.
The current rebound indicates a possible rally toward the resistance trendline, but first, it needs to break above the 50 EMA, which is the primary resistance for $GRT.
Soon, JSE:GRT aims to reach the local high resistance level at $0.4935 once it breaks above the resistance trendline.
Key levels:
- Primary Support: $0.173.
- Lower Support: $0.1463.
- Primary Resistance: 50 EMA ($0.2178).
- Higher Resistance: $$0.2642.
- Target: $0.4935.
- Invalidation Point: A close below the lower support.
DYOR, NFA.
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GRT ready for breakoutGRT looks bullish and now we need to wait for a breakout. We can see that GRT is forming an ascending triangle pattern.
Expecting atleast 15% up to 0.259/ 0.26
If we can stay above the prices above we can go higher to 0.36 expecting a 60%+ profit.
Watch carefully, what are your thoughts about GRT?
This is no financial advice, always DYOR.
$GRT :: Long Term AnalysisFrom here, the price can go up to the $0.2445 range.
Then it seems that we should have another correction from that area, which could probably be the last correction in this downtrend.
The price can go as low as $0.1. I think $0.1 could be worth buying and starting an uptrend from there towards the $0.7 target.
Of course, if we want to carry out our trades based on speculation, it will not have a happy ending. This is just an analysis and the analysis should be updated in each of the price levels according to the general market conditions.
On this date, such an analysis can be taken from the price chart.
GRT - Rising bottomsWith rising bottoms, GRT rewrites a new graphic pattern, deconstructing the figure of the descending channel
Pattern: The price is approaching resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is at 0. Once the price breaks above the resistance, it may move towards the next resistance level at 0.2529. its support zones are: 0.1963 and 0.1875
The short-term trend is bullish.
GRT GRT was moving aggressive upside. But GRT chart not showing any reversel scenarios.
So If GRT break order block (1), GRT moving upside. If not break, GRT moving downside. Order block (2) was not much probability. Because GRT still the trend was bearish.
GRT mitigating daily timeframe order block. So some downside possible.
GRT ANALYSIS (6H)From where we put the red arrow on the chart, it looks like the GRT correction has started.
The correction looks like an ABC pattern where wave B has become a triangle.
Now it looks like wave d of B is completed and we have a pump on the way for wave e.
Closing a daily candle below the upper green range or above the upper red range will cause a pump or drop violation
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#GRT/USDT#GRT
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.300 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 0.3000
The first target is 0.4250
The second target is 0.3400
The third target is 0.3600
GRT/USDT Gaining Momentum for a Bullish Reversal | Get Ready💎#GRTUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.262 will hold and set the stage for a bullish reversal that could push the price to reach the channel's upper resistance.
💎However, if #GRT fails to maintain the $0.262 support and breaks below, this will signal an extended downward trend. The subsequent critical demand zone at $0.2474 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
💎Should JSE:GRT revisit this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #TheGraph market.
MyCryptoParadise
iFeel the success
📉🔄 GRT Trading Strategy 📈💡Current Situation:
GRT faced rejection yesterday and is now testing the next support area, presenting a potential buy opportunity.
Trade Setup:
Entry: Long spot trade at $0.2825.
Take Profit: Target $0.3050 - $0.3200 and next resistance area at $0.35 - $0.3625.
Stop Loss: Just below $0.2750 to manage risk.
📊🚀 Stay attentive to GRT's price action for trade execution! #GRTTrading #CryptoAnalysis 🌐💰
GRT/USDT is need breakout the resistance to continue upward!💎 Paradisers, the recent market dynamics surrounding #GRT have been noteworthy.
💎 GRT is demonstrating significant bouncing from the support area around $0.22, coinciding with a golden cross on the MACD indicator, signaling bullish momentum for the price.
💎 Currently, the price is facing resistance at the $0.33 area, which aligns with both a horizontal resistance level and the resistance trendline of a descending channel.
💎 For GRT to continue its upward movement, it needs to successfully break out above the resistance level and the pattern. A breakout above $0.33 would not only indicate a bullish reversal but also pave the way for further upward movement, potentially backtesting the supply zone area.
💎 However, if GRT fails to break out above the resistance area and experiences a bearish rejection, it may retreat to the support area to gather new momentum for another attempt at breaking out.
💎 Upon revisiting the support area, there's potential for a bounce, but if GRT fails to bounce and breaks down below the support zone, the next likely destination is the demand area around $0.185. Here, a successful reclaiming of price above the support could lead to a significant upward movement.
💎 Conversely, if GRT fails to find support at the demand zone and breaks down below it, it would invalidate the bullish scenario, signaling further downward movement.
MyCryptoParadise
iFeel the success🌴
The Graph - GRT a simple fact - Bull Flag Forming! Based on this chart, it appears that GRT has developed a bullish flag pattern after breaking out of these bands. The price is currently retesting the upper band while forming a bullish flag and maintaining its overall bullish structure. This setup suggests that it is poised to continue upward and potentially reach its all-time high (ATH)
GRT/USDT bullish turnaround from demand? 👀 🚀GRT analysis💎 Paradisers, direct your attention to #GRTUSDT for an intriguing trading opportunity that hints at a potential bullish surge emerging from a key demand level.
💎 Over recent times, #GRT has consistently adhered to a descending channel pattern. As the price approaches the demand level, maintaining momentum here could significantly enhance the chances of a bullish ascent, aiming to overcome the formidable overhead supply zone.
💎 Should the momentum for JSE:GRT begin to waver, we stand ready to seek a vigorous rebound from the crucial support level just before the demand zone, currently situated at $0.2110.
💎 However, a breach below the critical demand level of $0.2110 would necessitate an in-depth reassessment of our trading approach. Such a development would signal challenges in sustaining bullish momentum, prompting strategic adjustments to align with the evolving market landscape.
MyCryptoParadise
iFeel the success🌴