GRT/BTC - The Graph: Resistance_Breakout_Confirmation

29 may 2023

◳◱ A Resistance Breakout and Confirmation has been detected on the GRT / BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00000453 | 0.00000466 | 0.00000491, and the major support zones can be found at 0.00000428 | 0.00000416 | 0.00000391. Consider entering a trade at the current price zone of 0.00000464 and targeting higher levels.

◰◲ General info:
▣ Name: The Graph
▣ Rank: 42
▣ Exchanges: Binance, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Data Management
▣ Overview: The Graph is a protocol for indexing and querying data from blockchains, starting with Ethereum. Developers build applications with open APIs called subgraphs to easily access on-chain data that is indexed by a network of node operators.
Subgraphs are open source so anyone can use the APIs to build decentralized applications. Many Ethereum applications have already built subgraphs and use them today including: Audius, Uniswap, Opyn, ENS, DAOstack, Synthetix, Moloch and more.


◰◲ Technical Metrics:
▣ Mrkt Price: 0.00000464 ₿
▣ 24HVol: 14.670 ₿
▣ 24H Chng: 6.178%
▣ 7-Days Chng: 6.39%
▣ 1-Month Chng: -9.80%
▣ 3-Months Chng: -17.33%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00000453 | 0.00000466 | 0.00000491
◢ Support: 0.00000428 | 0.00000416 | 0.00000391

◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -1.58
▣ Last 90D: -0.73
▣ Last 1-Y: 0.45
▣ Last 3-Y: 0.75
◲◰ Volatility:
▣ Last 30D: 0.63
▣ Last 90D: 0.84
▣ Last 1-Y: 1.19
▣ Last 3-Y: 1.77

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish

▣ In-depth GRTBTC technical analysis on Tradingview TA page



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