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FieryTrading
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🔥 GRT: The Big Short بيع

GRT / TetherUSBinance

الوصف

Although the rest of the market is dumping, GRT is showing relative strength. My assumption is that this relative outperformance is only temporary, and GRT will go down as well in the near future.

I'm waiting for a final move up, ideally touching the top resistance of the triangle, to make an entry. Note that the triangle pattern is a bearish triangle, classically a bearish break out pattern.

Assuming we're going to see a longer period of downwards pressure, GRT can fall all the way towards the bear market lows, around 0.055, although it's wise to take partial profits and/or move the stop around the 0.11 and 0.9 levels.
التعليقات
StewySongs
🙏🙏💯💯🔥🔥
Setupsfx_
Great one pal
ProjectSyndicate
nice progress so far, good luck with the trade!
TradingShot
Solid post, detailed and well written. We have cross-checked this instrument against all key indicators and more or less reach the same conclusion.
TradingBrokersView
We like your reasoning. As always, great work.
TheCryptagon
Crystal clear charting. Keep up the good work.
InvestingScope
Fine work. When would be the best time to enter the market?
alabdollahi
😂🤢
InkyGrip
Thanks for GRTUSDT idea! I have the same idea
ArmanShabanTrading
Great analysis!
المزيد