CRGPT - AI on the rise 📈

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📊 Technical:
📈 CRGPT has been overall bullish trading within the rising broadening wedge pattern marked in blue.

Currently, CRGPT is undergoing a correction phase as it approaches the lower blue trendline, which is serving as a non-horizontal support.

Moreover, the $0.7 - $0.8 range represents a massive demand zone.

🏹 Thus, the latest blue arrow is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.

📚 As per my trading style:
I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

🏹 On the other hand, for the bulls to assume control from a medium-term perspective and initiate the next upward impulse movement, a break above the upper red trendline and the last major high at $1.14 is necessary.

🗒 Fundamental:
1️⃣ The CRGPT Token is more than just a digital asset with a deflationary supply cap of 21 million tokens, reminiscent of Bitcoin's scarcity-driven appeal.

2️⃣ By leveraging Ethereum's infrastructure for smart contracts and AI integration, CRGPT offers its holders not just a stake in a digital asset, but a key to unlocking a suite of AI services that enhance analytical, predictive, and trading strategies in the crypto domain.

3️⃣ This blend of Bitcoin's tokenomics, Ethereum's technology, and practical AI applications positions www.CryptoGPT.io as a multifaceted token with intrinsic value and utility in the evolving landscape of blockchain and AI convergence.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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评论:

CRGPT broke above our trigger swing at $1.14 and traded higher.

We are now halfway to our target.