We can see the formation of head and shoulders pattern forming up for 2h GRT. It is also supported by the declining volume while the up leg of each move.
Considering the emerging pattern, we might retest the support at $.46 and then continue to push further. But for the short term, we can def spot a bullish pattern
Considering the emerging pattern, we might retest the support at $.46 and then continue to push further. But for the short term, we can def spot a bullish pattern
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Considering we break below the support line of the current channel we are in
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The resistance line is still intact and with the decline in overall crypto market, it might get a little more bumpier than expected. If we break the .47 support, the price may fall to the .40-.35 levels.
Keep an eye for good buying opportunity!
Keep an eye for good buying opportunity!
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Wow! Uncanny resemblance