Possible GRT Movement

20 thg 12, 2020

MACD suggests a healthy short-term reversal to retest the global trendline. ChrisMoody's custom indicator also flashed a red signal on the 15 min indicating sell volume may be about to pick up. I see a possible entry between $0.64 - $0.68 within the next few hours. Should the global trendline hold, the next resistance cluster will be found at around $0.85. The current pattern may persist for a short while until $1 is broken. Once we get near $1, we may see a parabolic move to take us way above $1, or a major sell-off depending on the state of the overall crypto market. I would definitely appreciate your thoughts and opinions!