FieryTrading

🔥 GRT Underperforming: What To Expect

Long
BINANCE:GRTUSDT   GRT / TetherUS
GRT saw a huge introduction to Binance, where at some point it made a 1000% move in little over a month.

However, since making said move, GRT's direction has been bearish. As of now, it's one of the coins which has severely underperformed other smaller-cap alts, with little change in sight.

GRT is still trading inside a huge triangle. As long as it's trading inside this triangle I don't see any spectacular moves occurring for this token.

Either GRT can bounce around in the triangle, hoping for a bullish break out in the end. Or, GRT can keep trading above the $0.80 support and hope for a break out in the coming two weeks.

Before stepping in, I'd wait for a daily close above the $1.1 resistance to confirm the bullish trend and bias.

Happy trading!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.