A couple of days ago I made an analysis on GRT. Here I argued that GRT was close to breaking out from the ~11 month triangle pattern in which it has been trading.
As of today, we've finally got a strong break out! We're nearing the initial $1 target. With some luck we should reach that very soon.
I've added another line to the chart, at $1.08. I'm expecting the price to find some resistance in that area, potentially bouncing back to the triangle pattern resistance.
However, a break out is likely too, especially after a long consolidation period like this. In that case,. I'm looking for the $1.7 resistance as a second, longer-term target.
Happy trading!
As of today, we've finally got a strong break out! We're nearing the initial $1 target. With some luck we should reach that very soon.
I've added another line to the chart, at $1.08. I'm expecting the price to find some resistance in that area, potentially bouncing back to the triangle pattern resistance.
However, a break out is likely too, especially after a long consolidation period like this. In that case,. I'm looking for the $1.7 resistance as a second, longer-term target.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.