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GRT: Is the Correction Over?

1119
After GRT's massive pump, it went into a correction phase which has formed a descending triangle that touched twice around $2.15, which is usually more of a bearish signal. Support holds around $2.12. If support breaks in the next day or two, then we could fall to $1.80 or lower. If the bulls are strong enough, then we could pop back up to our next high.
Not
It looks like GRT is now heading down further.
Not
Dump inbound. Time to buy.
Not
Bull flag + MACD possibly flipping upwards on the 2HR.

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Not
Market dump inbound. Stand by.
Not
Assuming the market is not dumping any further tomorrow, if GRT is able to break above this trend line then we should be heading back toward the high $2 - low $3 level next.

If we dump further, then buy in at support levels as it goes down. I don't like giving people exact buy numbers because you never know how far the market will correct.

*** NOT FINANCIAL ADVICE ***

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Not
GRT is still consolidating.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.