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GRTUSD trade ideas

UPDATE for GRT. Bulls held the 0.2 FIB!Yesterday i came out with some TA talking about how we saw a 10% drop for GRT and how the bulls needed to hold the 0.2 FIB level, and they did exactly that we are seeing a very nice recovery as of right now, the most ideal situation would be to push higher and close above the 0.3 FIB, unlikely for today but i believe we will see a good close and then push forward in the coming days breaking through the 0.3 FIB. We see the Stoch RSI is right about in oversold territory and i expect it to come back up soon. ichimoku cloud continuing with support and our EMA ribbons are pushing up with bullish momentum! If you bought the dip yesterday you are already in profits! NFA just my opinion.
COINBASE:GRTUSDLong
by JacobR905
2
GRT bulls got to hold this level We saw aprx. 10% drop today for the graph which provided a decent buying opportunity and we held and closed our daily candle above the 0.2 FIB level shown by the 2nd most recent candle. now we will see if the bulls can hold this level going into tomorrows daily close. We still also have support from the ichimoku cloud going sideways. If we were to close below the 0.2 level there is a chance we could see a pullback to the 0 FIB, i doubt we will and if we do i imagine it'll get bought up very quick and then we could start to see a climb back up. NFA just my opinion.
COINBASE:GRTUSD
by JacobR905
4
GRT - adjusted triangleI've seen a few different interpretations of the "giant triangle" depending on where you draw the lines, what timeframe, to use wicks or not to use wicks, etc. This slightly adjusted version from my last chart is what seems to be playing out... The good news is i think we hit rock bottom, and have nowhere to go but up. There is no logical reason for the sell-off in my mind, except maybe to push the price down for a big purchase... yeah, let's go with that. Still holding... and will continue to hold.
COINBASE:GRTUSDLong
by jeremy_bearimy
GRT - Doin' the bull dance, buyin the dip, hodl'n, hodl'n...I was trying to make sense of the dip last night. Generally I see many tokens moving pretty much with bitcoin but still respecting their own trends. Anyways, this morning, I checked my email and realized that coinbase listed three new coins at about the time of the dip. Now, there are plenty of alts on coinbase, but not many that looked as good as GRT did before the dump.I can only assume that people dumped GRT to jump on the new listings. I'm sure they will dump those eventually (if they haven't already), and will be buying it back up at a 10% discount. I'm not really worried about the long term prospects of GRT, personally. So this morning, I did what any dumb risk taker would do, i increased my position substantially while it was on sale. I still remain long-term and short-term bullish on GRT. It would appear that we bounced off of the 200 ema on the 12hr chart this morning (which is good news). I see a couple paths, one much more likely than the other. We could dip down to $1.00 if we break below the triangle (i mean, it's possible, but not likely). So the other path would be to break to the upside, and get back to ATH around $2.90, and beyooond. I'm thinking no matter what happens in the next few hours/days/weeks, we're looking at a $4.00+ GRT in the coming months.
COINBASE:GRTUSDLong
by jeremy_bearimy
2
GRT SHAKEOUT UPDATEHi guys! While sometimes it seems obvious to everyone, it does not mean it is easy. The market is playing with your emotions, do not forget that. You might be right about your position but most will not hold through some shaky movement. To me, GRT represents a great example for such a possible shakeout scenario. K.I.S.S. method is what I prefer. Keep it stupidly simple. The Graph is currently in decision mode, whether it does continue making higher lows and higher highs and breakout from its triangle (less likely) or we get a small fake pump to convince high risk ppl to step in with high leverage and then liquidate them before going parabolic. Funding rates are high and need a cool down. I see GRT trading at around $4-5 in the near future. So be careful if you are using high leverage. Do not burn your fingers like I did years ago. Stay safe and have a great weekend, Cheers!
FTX:GRTUSDLong
by L420199611
3