If you followed my first idea in GRTUSDT, lets just say you made bank haha. Now we have an impulsive wave, the first mistake a lot of traders make is these follow the price, they rush in and get caught out. Now fibs are not always accurate in crypto given the volatility. but if you want to buy at a good price, see if price will fall back to .5 or the 0.618, this...
The Graph still looks to be heading down, but previous trends shows that it does bounce back quite well.
Good buying when it hits support levels and retraces back up.
Recently announced parachain with dot, more fundamental news pointing to this coin being undervalued perhaps, saw a break, retest now it looks like we are seeing rejection and we are just waiting for the consolidation. Prob in the W form previously mentioned (all these coins seem to like it). TA pointing good (although we don’t even have a 100 day moving average...
Breakout from the high and tight flag pattern appeared to happen, but then the price has dropped - but not lower than the start of the flag pole, so the potential is still there for the graph to climb higher. One worth watching.
