So GRT has been drawing a nice bullish triangle and parallel channel.
As you can see, it broke up and closed above its resistance so right now what we can expect:
- it will test the previous resistance as a support and if everything goes well, we can move even higher.
- if the test goes wrong, resistance will be back again and it could meet its lower support level in the triangle.
My shor-term price target is around 2.1.
But be careful, this is a new coin and this triangle isn't 100% bullish.
Remember you stop loss!
As you can see, it broke up and closed above its resistance so right now what we can expect:
- it will test the previous resistance as a support and if everything goes well, we can move even higher.
- if the test goes wrong, resistance will be back again and it could meet its lower support level in the triangle.
My shor-term price target is around 2.1.
But be careful, this is a new coin and this triangle isn't 100% bullish.
Remember you stop loss!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.