GRT - 4h. Sellers want to continue falling to $1.15

٢٤ فبراير ٢٠٢١

The first wave of fall in the GRT market. We wrote about it in our previous idea:

Sellers managed to lower the price by 40% in 2 days and set a new local low of $1.3

The buyers managed to counterattack quite successfully. The critical point for continued growth is in the range of $2.13-2.26.

From this range, a new wave of falling GRT prices may start. If buyers manage to keep $1.65, they will have a chance to break the range of $2.13-2.26 and complete the correction in the GRT market. Otherwise, the price will continue to move within the white channel with the next target of $1.15
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