GRT: Waiting for the bottom confirmation

17 июн. 2021 г.

There could be several ways the price action can play out. By looking at the overall market, I am watching for two specific paths. One path could drag out this current accumulation zone with wicks up and down but weekly candles within the box. Or there could be a flush out and then move upwards and onwards. Either case, the buy signal will be when ADX curls up and Green DI plus crosses above Red DI Minus. At the same time price needs to move into the top half of the channel. Above $1.18 is game on. Not looking to catch the bottom by any means. Still holding some that I bought during January breakout around the same price as now. Like the rest of the crypto market, it is a waiting game for me. Good luck out there.