GRT / TetherUS

GRT big triangle breakout?

596
daily chart, near to break up from this big triangle we got from the start
levels aren't so precise on the daily chart, aren't far away also
but you will get the idea,
if entering on first resistance break up, first resistance above could be 200sma, so it could be taking profit point if in a short-term LONG position.
SAFEST mid to long-term LONG entry would be breakout or retest of 1.09 level. Also, that level would be possible taking profit level if you entred on lower levels, since we could expect that break up probably won't happen at the first attempt.
There is a possible scenario that we could see few bounces up and down before breakout up, and something like this blue triangle could be formed...
The measured move target for breakout from this big triangle is some 200% up, so it could be good
Good luck traders

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