GRT
Long

Are The Graph bears going into hibernation ?

Updated
For a start I do not know much about the Graph but it had a parabolic thrust to it's ATH and a very messy looking correction which as the EW traders know will probably know, a messy W2 may make for a clean W4. But let's not count chickens before they hatch .
I do like this set up and I think this coin has long term potential , mainly because of the team working on this . "The Graph team includes professionals from the Ethereum Foundation, OpenZeppelin, Decentraland, Orchid, MuleSoft leading up to the IPO and acquisition by Salesforce, Puppet, Redhat and Barclays.

The initial co-founding team includes Yaniv Tal (project lead), Brandon Ramirez (research lead) and Jannis Pohlmann (tech lead).

The founders have engineering backgrounds and have worked together for 5-8 years. Tal and Ramirez studied electrical engineering at USC and worked together at MuleSoft, an API developer tools company that underwent an IPO and sold to SalesForce."

Would like to see more Bull volume about now , probably because I have a conflict of interest in that I have already purchased some holdings : ) .... Not trading advise , just a pre-amble analysis . We see the 25 stoch cross the lower level and I'm still bullish foe the macro trend . In fact , if we see The King of coins make a move , I think Eth, The Graph and others may launch as well . It could be a very busy week . Great time to do analysis before focusing on a portfolio of many coins .
Note
The Graph has finally broken through the upper trendline with increasing volume . This is a very long term investment and this coin , I'm hoping will just build and build over time as long as the creators expend some sweat equity into making it push forward.
Note
Massive amount of accumulation on this coin. If this latest breakout holds, this could be HUUUUUUUGE !.... Let's GO!
Note
Nearly all the ALTs were affected by BTC failure to make higher highs. Gifto was no exception. The macro outlook is still positive. I would have liked it to reach $3.0. This would be my ideal point to remove my initial investment. I'm happy to hodl this coin at this strong support zone with no stop as we are not leveraged and over committed in our portfolio.
Technical Indicators

Also on:

Disclaimer