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Graphtoken

GRTUSD Testing the 1D MA50. +50% profit opportunity if it breaksThe Graph Token (GRTUSD) has been on a strong 2 day rise that made it hit the 1D MA50 (blue trend-line) again, where last time it got rejected. Being within a Channel Up for the majority of the year, it may be time for the pattern to break as GRT has formed on the 1D time-frame a bottom pattern similar to that of June - July 2021. The LMACD just formed a Bullish Cross and that pattern pushed the price above the 1D MA50 last time on a rally that topped within the 0.5 - 0.618 Fibonacci retracement zone and just below the 1D MA200 (orange trend-line). This time the 0.5 - 0.618 Zone is around 0.6368 - 0.7591 but the 1D MA200 lower at 0.6081 and dropping. If a price breaks the 1D MA50, I expect an equally strong rally towards the 1D MA200. From today's levels, that represents a profit opportunity of roughly +50%. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GRTUSDLong
by TradingShot
2
The pivotal moment for GRT Called out a nice day trade opportunity to recoup some losses on GRT dip, Called out a full warning for this stock on the long term price drop that was imminent Now is the time to really pay attention though, its used its fibonacci levels before to alert a sell point and was correct on that, now here we find ourselves in a similar spot; not yet crossing the lowest fibonacci level however testing it. If we drop below I will be waiting for a new low to buy in at. If we hold strong and use this level as support I will be calling this the bottom and buying in.
KRAKEN:GRTUSD
by PasstheA1
2