$GRT/BTC 1D (Binance Spot) Falling wedge near breakout

3 Kas 2021

TheGraph is retesting 50MA support and seems ready for a big move-up after!
That DeFi / BSC token is also part of most Ecosystems such as Solana, Polygon, Fantom, NearProtocol, Avalanche, Sora...
But even more important, it's the Ai / BigData leader, more information on thegraph.com

Current Price= 0.00001549
Buy Entry= 0.00001552 - 0.00001418
Take Profit= 0.00002017 | 0.00002571 | 0.00003020
Stop Loss= 0.00001181

Risk/Reward= 1:1.75 | 1:3.57 | 1:5.05
Expected Profit= +35.82% | +73.58% | +103.37%
Possible Loss= -20.47%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 3 months

10 Kas 2021

İşlem aktif

First entry filled

TheGraph bounced and is now breaking out, rejected twice on 200MA resistance, we believe next attempt would be it!

26 Kas 2021

İşlem aktif

Second entry filled

TheGraph revisited 50MA / wedge support and is trying to break 200MA resistance again!

25 Oca 2022

İşlem kapandı: durdurma seviyesi

SL was hit with -20.47% and -1R

TheGraph never managed to regain 50MA support and continued the downtrend!
Chance to get back to BE seems quite low but maybe a retest of 50MA before more retracement.