The Graph
做多

GRTUSD: Falling Wegde buy to 0.10250.

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The Graph is on a short term rise with the 1D technicals still neutral (RSI = 53.312, MACD = -0.002, ADX = 25.119) trading towards the 1D MA50. This is the Resistance since the end of July. This is a LL rebound at the bottom of the Rising Wedge pattern which is inside a wider Channel Down.

We are going long now, aiming at the top of the pattern (TP = 0.1025). On the long term, the price needs to cross above the 1D MA200 (as on January 23rd) in order to get a trend change and a breakout bullish signal. Technically the crypto can reach even the 1.382 Fibonacci extension (0.3500) from there.

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