FieryTrading

🔥 GRT Double Bounce: Back To All Time Highs?

Panjang
BINANCE:GRTUSDT   GRT / TetherUS
In this signal I'm going to combine two important reversals:
- The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets.
- The price retested the bear-market highs of ~0.23 from back in January 2023 as support.

This might be the final bearish move in the next few months, hence the target at the current ATH. Be aware this is a long-term trade and might take months to play out.


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Penafian

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