GRT: Is the Correction Over?

14 feb 2021

After GRT's massive pump, it went into a correction phase which has formed a descending triangle that touched twice around $2.15, which is usually more of a bearish signal. Support holds around $2.12. If support breaks in the next day or two, then we could fall to $1.80 or lower. If the bulls are strong enough, then we could pop back up to our next high.

14 feb 2021

Nota

It looks like GRT is now heading down further.

14 feb 2021

Nota

Dump inbound. Time to buy.

15 feb 2021

Nota

Bull flag + MACD possibly flipping upwards on the 2HR.

15 feb 2021

Nota

Market dump inbound. Stand by.

15 feb 2021

Nota

Assuming the market is not dumping any further tomorrow, if GRT is able to break above this trend line then we should be heading back toward the high $2 - low $3 level next.

If we dump further, then buy in at support levels as it goes down. I don't like giving people exact buy numbers because you never know how far the market will correct.

*** NOT FINANCIAL ADVICE ***

16 feb 2021

Nota

GRT is still consolidating.