💶 GRT may go upwards

Today let's consider the situation on the 1-day timeframe of The Graph. The correction stage on this token may come to an end 🔽

After reaching the high of this year, the decline started. The price fell to strong support levels, the main of which is the ~$0.21. The bulls are trying to defend it.

Note that the entire correction took place within the pattern "descending price channel"🕯 It has all chances to transform into a "bull flag" trend continuation pattern 🐂 if the midline of the channel is broken in the nearest future.

Overall, the chart pattern looks similar to STX , which I reviewed last week. These two coins have a high chance of moving up in about the same scenario 📊