DU09

GRT/USD - Descending channel, finding support

Short
BINANCE:GRTUSDT   GRT / TetherUS
GRT has corrected in the past few days and now we are exploring for support. We have a good chance to find some support level around $0.40 but for that to be confirmed we will need to leave this descending channel.

Indicators on 4h are still bearish so we will fall more before we can turn this trend.

I will revisit this chart once we break this channel or we reach $0.40 cents. For now bias is bearish, but on longer term we remain bullish.

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