In this 2021 video, The Art of Crypto delivers an enthusiastic technical and fundamental analysis of the GRT/USDT pair, aiming to guide retail traders toward profitable entries. The host begins by showcasing his recent successful trade calls (Enjin, TRB, QTUM, AXS, LTO) to establish credibility, then dives into chart analysis, identifying a descending triangle/falling wedge pattern that has acted as support for two months. He highlights bullish divergence on Market Cipher, the formation of higher lows, double bottoms, and a potential trigger wave on the 1‑hour chart, all aligning with the 200‑EMA on both 1‑hour and 4‑hour timeframes. Entry recommendations include buying near the trend‑line bottom (≈ $1.43‑$1.44) or after a higher low, with stop‑loss set about one ATR below (≈ $1.20‑$1.22) or below the 200‑EMA. Profit targets are tiered: short‑term around $1.75‑$1.77, then $1.87, $2.16, and a longer measured‑move up to $3.4‑$3.5 if the falling wedge breaks out. The host also cites a fundamental catalyst – the migration of the first subgraphs to the mainnet before April 30, as listed on CoinMarketCalendar – to justify a potential price surge. Throughout, he emphasizes risk‑reward, position sizing, and the philosophy of “taking other people’s money,” while promoting his Twitter, a “Learn to Trade Crypto” playlist, and encouraging likes. The tone is instructional, promotional, and highly optimistic, aimed at encouraging viewers to follow his signals and educational content.
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What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, we will be taking a look at GRT/USDT. But before I go into it, now if you watch the Enjin Coin price prediction video that I posted yesterday, at the moment you would be up about 20% from what I told you in the video. Now besides that, if you also watch the video, you would have known that I called the rejection at the $2.55 level And look what happened over here. 2.55 level instantly gets rejected. If you would have taken this short, it would have been a nice 4 to 5% profits, which I did in fact. Not only that, but 2 days ago I was telling you guys to look for a double bottom for most coins, and this is what I was looking for. Yesterday, this is exactly what we got. 20 to 30% pumps on most coins if you were paying attention. So if you're not following me on Twitter @TheArtOfCrypto, you do not know what you're missing out. I'm calling profitable trading setups daily, and so far we have been doing well. 45% on TRB in 2 days. 37% on QTUM in 5 days. 46% on AXS in 4 days. 44% on LTO in 11 days. So if you haven't yet, drop me a follow on Twitter, cause you don't know what you're missing out. Now, I apologise for that extended intro, it is not usually my style. But now we can dive right into GRT. So right off the bat, if you take a look here, on GRT, we have sort of a descending triangle forming at the moment. Or if you wanna look at it another way, you could also see sort of a falling wedge like this one. But nonetheless, this bottom trendline here has been holding as pretty good support for the last 2 months. So at the moment, if you're looking to get into GRT, the bottom of the trendline would definitely be a golden, golden entry. Especially if you see on the four-hourly market cipher has formed a double bottom. In fact, we have bullish divergence where if you take a look here, the price here is lower than the price here. However, the wave was shorter than this wave, which means this is bullish divergence. Usually what ends up happening on bullish divergence is it goes up, but we might might. I'm not saying it will happen. We might come down to form a little higher low before ultimately. Breaking out of this massive pattern that it has been forming for over 2 months, which could potentially bring us all the way up to a 3.4, 3.5 GRT if it breaks out from this pattern as the measured move for the falling wedge breakout. And the method by which I got this breakout target is by going from the top to the bottom of the falling wedge, see right here, and I just move it to assuming that the breakout occurs here or here, We would go all the way up to a 3.5 GRT. So if you're looking to get into GRT right now, here is what I would look for. Firstly, as I previously mentioned before, I am looking for a higher low formation from this right here, even though at the moment it looks like it's coming down. But I would definitely look for a higher low or even a double bottom before ultimately heading higher. Besides that, I would say that this Short little red candle on the 4-hourly right now is no reason for concern because if we just zoom in to a lower timeframe, say the 1-hourly, we can actually see that the money flow has been progressively, slowly but surely getting into the green, which means this is what I'm expecting to happen. See, at the moment it's coming down, but what it's gonna do, it's gonna form a really tight green trigger wave and we are off to the races straight up to about 1.77. Because not only is the 1.77 a 200 EMA on the 1-hourly, but it is also a 200 EMA level of the 4-hourly, right here. And if you are a longtime subscriber to the channel, I always say that the 200 EMA tends to act as a very good dynamic support/resistance in any trend, which means when the price reaches it, it will act as resistance, which is what I'm expecting it to do. So the price is going to look something like this. So at the moment on the 1-hour, we are coming down to form a trigger wave. And when the trigger wave forms, we are going to come all the way up here, get a short little rejection, and ultimately heading higher. And once we do head higher, we want to see a retest of the 200 EMA and then ultimately breaking out of this pattern. Now this would be the ideal scenario, but I'm not saying that it will definitely happen. However, things are definitely looking good for GRT because we have already formed 2 anchor waves, deep anchor waves on the 4-hourly, which means that the only way to go is up. See, even if it drops here, it's not likely to form a deeper anchor wave than both of these because they are already pretty deep. So what's going to end up happening is we have a short, little tiny— we might not even form a red trigger wave here because it's the 4-hourly. But what's going to end up happening is it's going to go this way and it's going to come down a bit, and then it's going to go this way and it's going to come down, and boom and boom and boom and boom, GRT to the moon, baby! So now that I have covered why GRT is looking so amazing and the entries that you should be looking for, which just to recap is a higher low formation here or 1-hour trigger wave on Market Cipher if you're using Market Cipher, Slash, if the price really does come back down to the bottom of the trend line at the 1.43, 1.44 level, I would aggressively buy in because your stop loss would be really, really tight. As long as it breaks below the trend line, you know that your trade has been invalidated. So I would just set my stop loss 1 average true range below this swing low right here. So that would be about 1.2, 1.22, which leaves a very good risk-to-reward ratio as long as you're not playing with overly large position sizes. But nonetheless, I would say that the retest of this trend line would be absolutely the best. But otherwise, a higher low formation is brilliant too because it'll bring us all the way up to 1.75 to 1.77 level. And now that we know our entries, let's find out about where to take profits. So what I usually do is I try to identify the most significant levels of support and resistance, and to me That will look something like this. Now, what do I mean by really strong support? Now, what do I mean by significant levels of support and resistance? It's basically just areas where price tended to react to that level many, many times. So, for example, on this level, one, two, three, four, five, six. On this level, you see the price try to break above one, two, three, four, five, six, seven, eight. On this level, you see the price try to break below one, two, three, four, five, six. So what I want you to do is you go onto your own chart and try to identify. Where the price tended to react to, whether it got rejected or supported. So at the moment, you can actually see that this level right here is acting as resistance, which is why the price is coming down for a little bit, because that's where the sellers are. So if you know your support and resistance levels, you can set profit-taking targets accordingly so that you can take other people's money before they take it away from you. But nonetheless, even though it's getting rejected, I am not worried the slightest bit. Because as you can see, money flow is going from the red into the green, and it's just starting to go into the green. At most, even if we do come down, we will form a double bottom here, or we will form a higher low and a trigger wave, and we are off to the races. So if I was you, I would definitely set profit-taking targets at about this level, this level, this level right here. So what I usually do, and what I advise people to do, is when there are profits, there is no harm in taking it. So maybe you take 25 here, 25 here, 25 here, and maybe 25 here. And if you see that it doesn't get rejected by this all-time high right here, if price does not get rejected here but in fact it breaks above and comes down for a retest, then that would be your second entry right there. It's not about going into a coin and holding it hoping for 100% gains, and if it doesn't happen you will not pull out. In trading, we're trying to take other people's money, so when there's profits on the table, take it. You can always re-enter. Into a trade if necessary. But even though I say to take profit at the 1.87 level, I would still immediately look for the 200 EMA right here, this purple line, to act as immediate resistance. Only if the price breaks above the 200 EMA, here's what's going to— here's what's likely going to happen. So price breaks above the 200 EMA, it'll come up to this level right here, get rejected, and then find support on the 200 EMA because previous resistance becomes future support. If you were looking for another entry on GRT, this would be another golden entry because you can set your stop loss right below the 200 EMA. So from this point, we will just shoot upwards all the way here to the 2.16 level. Yeah, I'm calling it. And for your stop loss, you can just set it right below the 200 EMA because if the price breaks below the 200 EMA and closes below the 200 EMA, you know your trade has been invalidated. Now, if you're enjoying the video so far, it would help me so immensely if you could just pump the like button to the moon. It's a small gesture, but it helps A lot. So now that I've covered the technicals, I want to get into some fundamentals because there's another reason why I'm posting this GRT video and why I believe that it could absolutely blow up by the end of April. So if you go over to CoinMarketCalendar and you search up GRT, you can see that there is a pretty big event. See, the first subgraphs will begin migrating to the mainnet before 30th of April. So when this news gets posted, you best believe that people are going to be getting into GRT. But over here at this channel, we are grand strategists. We do not FOMO. So we do not want to be the people getting in at $2.15 or $2.50. We want to be the ones that get in at these levels right here so that when it pumps, other people might only get 50% gains, but we will get 150% gains. And I just want you to know that right now we are in a market, and in a market we are trying to take other people's money. So doesn't it make sense that in order to take other people's money, you have to be better than them? So if you wanna take a little bit of time to invest in yourself, I want you to go watch my Learn to Trade Crypto playlist. It will save you so much heartache and lost money in the long run that you won't even believe it. And with that said, may the gains be with you, my friend. Peace. Peace.
