GRT PERSONAL ANALYSIS IN THE LONG TERM

7. Dez. 2021

Chart shows common support and resistances based on price action and fibonacci. The total evaluation for GRT is neutral-bearish. The coin itself has a very promising application however the chart contradicts its supposed value. The Relative Strength Index shows bearish divergence per established oversold region and each of that does not establish any higher lows (higher highs are irrelevant without good higher lows). One should consider doing soft buys for the time being and not go all-in in this coin unless there's a good back-test of buyer interest (support) above the red zone to promote confidence in long term investment.