GTRUSD hit the top of the 5 month Channel Down, crossing over both the 1D MA50 and 1D MA200. This strong push is turning the 1D technicals overbought (RSI = 69.283, MACD = 0.001, ADX = 31.945) but such conditions don't call for the traditional short.
Instead this is usually the buy entry conditions that usually emerge when cryptos break above long term bearish...
Hi Traders
GRTUSD (1H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.0998 support level. Only the upward break of 0.1046 would cancel the bearish scenario.
Trade details
Entry: 0.0998
Stop loss: 0.1046
Take profit 1: 0.0968
Take profit 2: 0.0920
Score: 8
Strategy: Bearish breakout
JSE:GRT looks great here.
As you can see from the chart, JSE:GRT has formed a large bull flag. Upon breakout to the upside, the first target to hit would be $.32. If it can get above that I think it can hit $1 or $1.46.
Let's see what happens in the coming months.
GRT is another AI play that looks ready to breakout for another leg higher. Successfully retested and now coiling under down trend resistance. Need to see big volume on any breakout. If so, likely heads towards $0.30
hello everyone...
graph is out of the falling wedge... made a strong movement and currently trading above the 0.14
the next main resistance is 0.33 which is highly possible since the weekly rsi is above 50
I think the bear cycle has completely ended for this coin and bull has taken over for long run
good luck
When using .768 and .236 for the upper and lower RS] bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value.
When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your...
When using .768 and .236 for the upper and lower RSI bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value. When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your...
a change of trend has been confirmed on the following metrics
price above and supported by the 18 week high/low channel (one of my personal favorites)
adherence to channel fib retracement levels
long term horizontal fib shows amazing potential
After several candle close outside of the original yellow triangle, it is clear that the more valid triangle is now this bigger tan triangle. We can see the top trendline of the tan triangles trajectory angle also matches the angle of the purple descending channels as well for added confluence. While that means we haven’t yet actually broken up out of the triangle...
Shown here in yellow. If price action holds the 1 day 50ma (in orange) as solid support. The triangle should break up and take us above the horizontal green channel trendline. *not financial advice*
GRTUSD has been correcting after making 320 % gains and currently the price remains under the downsloping reistance line.
Spot trading - Long setup:
entry: 0,1189 $
Target: 0,21 $
Good luck
