✴️ The Graph | Already Moving (34%, 154% & 274%)

6 thg 11, 2023

This chart is very similar to Immutable X (IMXUSDT), which has been published recently.

The Graph (GRTUSDT) is trading within a long-term higher low (Oct - Sept '23 vs Dec - Nov '22).
The higher low is confirmed as the pair is already trading above EMA50 and moving ahead.

The rising volume and RSI supports additional growth.

It is already moving, support confirmed, bullish bias confirmed, continuation confirmed so the rest is just to see it grow.

You can find the targets on the chart.

These can all hit within 1-2 months or medium-term.

Back in late 2022, it took 40 days for the bullish wave to peak after the Dec vs Nov. higher low.
It should be similar in duration.

It goes up fast and strong and then the correction is boring and long.

People tend not to sell on the way up, then become bored as prices drop.
Once support is hit, people sell at the bottom and prices start to move up again.

The market always sends the signal in reverse.

➖ When one feels is the wrong time to buy; red, low, near support, it is almost always the best time to buy.
➖ When one is complacent and determined to hold long, that's most likely the time to sell.

Thank you for reading.

Namaste.

1 thg 1

Ghi chú

First target hit, 34% and additional growth totals 69% but I say there can definitely be more... The chart is pointing straight up.

1 thg 3

Ghi chú

+154% Another target hit.


While the chart says there can be more, remember; when a strong resistance level is hit there can be a correction before the next level hits.

A "selling for profits" strategy is needed to approach trading with maximum profits potential.

Namaste.