GRT: Bullish Breakout Confirmed, Potential Entry on Pullback
đź’ŽGRT has recently broken out of a descending channel by forming a W pattern and has exhibited signs of a CHoCH and a BOS towards a bullish market structure. These factors increase the probability of a bullish move.
đź’ŽCurrently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the bullish order block (OB) for a better entry opportunity. Additionally, anticipation of a pullback before halving could be considered.
đź’ŽIf the price breaks down below all entry levels with continuous red candles, it would be better to ignore GRTUSDT, as it may indicate unfavourable developments or news affecting the asset.
đź’ŽCurrently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the bullish order block (OB) for a better entry opportunity. Additionally, anticipation of a pullback before halving could be considered.
đź’ŽIf the price breaks down below all entry levels with continuous red candles, it would be better to ignore GRTUSDT, as it may indicate unfavourable developments or news affecting the asset.
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