To be honest, GRT dropping to 0.01842 is pretty tempting. The score is only 41, but that low score actually indicates that the risk has mostly been released. The trading volume surged to 17.68M, which, combined with the RSI being oversold, is a classic bottom-fishing signal. In the short term, this level is a dense support zone, so it’s unlikely to drop much further.
The initial target is 0.01906; if we can break through with volume, 0.01998 and 0.02118 are also possible. However, make sure to set your stop-loss properly; if it breaks 0.01761, just exit, no need to hold on too tightly. Personally, I’d start accumulating a little in this range. After all, it has dropped quite a bit from the highs, so there’s still some room for a rebound.
But don’t go too heavy on your position since the overall market sentiment is just okay; quick in and out is safer. Strategy:
Entry Price: 0.01833-0.01845
Stop-Loss: 0.01761
TP1: 0.01906,
TP2: 0.01998,
TP3: 0.02118,
#GRT #看涨信号 #trading
The initial target is 0.01906; if we can break through with volume, 0.01998 and 0.02118 are also possible. However, make sure to set your stop-loss properly; if it breaks 0.01761, just exit, no need to hold on too tightly. Personally, I’d start accumulating a little in this range. After all, it has dropped quite a bit from the highs, so there’s still some room for a rebound.
But don’t go too heavy on your position since the overall market sentiment is just okay; quick in and out is safer. Strategy:
Entry Price: 0.01833-0.01845
Stop-Loss: 0.01761
TP1: 0.01906,
TP2: 0.01998,
TP3: 0.02118,
#GRT #看涨信号 #trading