Very clean AB CD pattern potential. Fib shows possible 1.18 price by end of the week. This would be a full completion of this patter. GRT has been moving independently of BTC and this could possibly continue. But it is also possible that it will drop if BTC begins to correct.
trading volume is very good which will make GRT very appealing to traders that want to convert out of BTC to something that is not moving sideways.
happy trading.
Not
Sorry guys, I think I should have started the second AB leg fib trace at .477 and not .5203 where I did.
it appears first level resistance is at .62 which would confirm this.
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