So GRT has been drawing a nice bullish triangle and parallel channel.
As you can see, it broke up and closed above its resistance so right now what we can expect:
- it will test the previous resistance as a support and if everything goes well, we can move even higher.
- if the test goes wrong, resistance will be back again and it could meet its lower support level in the triangle.
My shor-term price target is around 2.1.
But be careful, this is a new coin and this triangle isn't 100% bullish.
Remember you stop loss!
As you can see, it broke up and closed above its resistance so right now what we can expect:
- it will test the previous resistance as a support and if everything goes well, we can move even higher.
- if the test goes wrong, resistance will be back again and it could meet its lower support level in the triangle.
My shor-term price target is around 2.1.
But be careful, this is a new coin and this triangle isn't 100% bullish.
Remember you stop loss!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.