Was very bullish on GRT but yesterday’s flush broke GRT’s bullish structure.
Double top
Breakout below range
Needs a strong bounce off green box/ yellow line but looking at btc it seems unlikely
Breaking past green box and yellow line will probably result in continuation down
Double top
Breakout below range
Needs a strong bounce off green box/ yellow line but looking at btc it seems unlikely
Breaking past green box and yellow line will probably result in continuation down
Comment:
good bounce so far but be careful around .1907 area
Comment:
as drawn in chart, the bounceback from orderblock did not break back into the channel. bounced at .1907 ish area and is now at key support (yellow line)
can consider a long from support but trade with extra caution and take profits aggressively as btc's knees seem wobbly still
can consider a long from support but trade with extra caution and take profits aggressively as btc's knees seem wobbly still