#GRC (#GRIDCOIN) Trading below the monthly levelIt tried to test the monthly level back in September 17th 2018 and it was rejected creating new lows and more weekly levels. It seems that the last clear monthly level is around 366 satoshis and the newly created levels that have been formed for weekly moves are 230 satoshis, 179 satoshis and then 107 satoshis.
#GRC it is currently trading at 69 satoshis and its like 5 times less than its last monthly level. It should try to gain those newly created levels and hopefully pass the monthly level to be a confirm recovery.
GRC
There is a possibility for the beginning of an uptrend in GRCETHTechnical analysis:
. Gridcoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000144 to 0.00000128). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000144)
Ending of entry zone (0.00000128)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Price Action Lesson 3: Hammer, The first sign of beginning ...
Take Profits:
TP1= @ 0.00000175
TP2= @ 0.00000200
TP3= @ 0.00000230
TP4= @ 0.00000283
TP5= @ 0.00000325
TP6= @ 0.00000384
TP7= @ 0.00000425
TP8= @ 0.00000477
TP9= @ 0.00000660
TP10= Free
#GRC Short analysisThe descending pattern that I was talking in the following analysis () is now gone as it was broken towards the upper limit meaning that a move up is likely to happen. Today I wanted to review the pattern and discover a new patter is building up and it is aiming to 214 satoshis but a strong down movement means that everyone is preparing for the momentum that the move will generate. It seems that those who bought at 160 satoshis level or more are willing to short sell and they are aiming to get back in at 150 to finally reach the 200 level, that is a pretty decent 25% trade if the movement is completed. My long analysis still keeps the optimistic result that it could keep on going up and in te long run profit could be better.
A long-term Buy trading opportunity for GRCUSDTechnical analysis:
. GridCoin/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0207 to 0.0173). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0207)
Ending of entry zone (0.0173)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0303
TP2= @ 0.0382
TP3= @ 0.0461
TP4= @ 0.0573
TP5= @ 0.0630
TP6= @ 0.0753
TP7= @ 0.0907
TP8= @ 0.1130
TP9= @ 0.1354
TP10= Free
A long-term Buy trading opportunity for GRCUSDTechnical analysis:
. GridCoin/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0207 to 0.0173). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0207)
Ending of entry zone (0.0173)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0303
TP2= @ 0.0382
TP3= @ 0.0461
TP4= @ 0.0573
TP5= @ 0.0630
TP6= @ 0.0753
TP7= @ 0.0907
TP8= @ 0.1130
TP9= @ 0.1354
TP10= Free
A trading opportunity to buy in GRCBTCTechnical analysis:
. Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000341 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000341)
Ending of entry zone (0.00000237)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000415
TP2= @ 0.00000480
TP3= @ 0.0000059
TP4= @ 0.0000066
TP5= @ 0.0000077
TP6= @ 0.0000090
TP7= @ 0.0000105
TP8= @ 0.0000119
TP9= @ 0.0000139
TP10= @ 0.0000189
TP11= Free
A trading opportunity to buy in GRCBTCTechnical analysis:
. Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000341 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000341)
Ending of entry zone (0.00000237)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000415
TP2= @ 0.00000480
TP3= @ 0.0000059
TP4= @ 0.0000066
TP5= @ 0.0000077
TP6= @ 0.0000090
TP7= @ 0.0000105
TP8= @ 0.0000119
TP9= @ 0.0000139
TP10= @ 0.0000189
TP11= Free
GridCoin at Strong SupportGridCoin(GRC) is at a strong support, where it has increased a lot the previous times it has reached this point. It seems to stay inside the rectangle, with a range of almost 10x.
The thing that worries me is 1. The low volume & 2. That it has been at the support for a while, with not much action. The previous times, it would spike back up once it touched the support, but now the price has just flattened at the support.
This could lead to a slow decrease through the support, with the price breaking the pattern. I will post a weekly chart below to better see the full picture.
Wait for a volume&price increase before entering into a trade. I will update once I enter into a trade.
Sudden increases will happen mostly in highly optimistic bull runs, so once that happens, the coins I have posted will likely increase much more than the market as they are near supports, some are near the breakout of trendlines, near all time lows(cheap), and have had much higher prices(potential to increase).
GRC Coin Long. 16-6-18Just noticed this coin looking through charts. If you are holding BTC it is probably a safe place to put some. It looks like it is starting to make a move. Up 7% or so today. The GRC coin can be played on Poloniex and Bittrex, not playing myself as I am not on them sites for now but just posting to see if I am correct.
The thing with this is the volume is tiny, something like 5BTC in total. If this moved just 50pts to 500 people would notice that % change and just a few more BTC could get it going. Its worth a go if you are holding BTC on either of these sites, use a SL just under where it has broken out for and keep an eye on its volume. It could go right up to the VWAP which is around 1200.
Would make a nice buy area, let the rsi etc reset.
Just to show the target zoomed out a bit, you could probably play this up as waves happen. Take profits on spikes and buy back on 0.5-0.7 fib pullbacks.
As you can see on the daily chart, it has hit a bottom as has happens 2 times before, each time with a big spike following. Last one took 30 days to make a 100%+ move.
A trading opportunity to buy in GridCoin ...Technical analysis:
. GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000047 to 0.0000037). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000047)
Ending of entry zone (0.0000037)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000059
TP2= @ 0.0000066
TP3= @ 0.0000077
TP4= @ 0.0000090
TP5= @ 0.0000105
TP6= @ 0.0000119
TP7= @ 0.0000139
TP8= @ 0.0000189
TP9= @ 0.0000387
TP10= Free
A trading opportunity to buy in GridCoin ...Technical analysis:
. GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000047 to 0.0000037). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000047)
Ending of entry zone (0.0000037)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000059
TP2= @ 0.0000066
TP3= @ 0.0000077
TP4= @ 0.0000090
TP5= @ 0.0000105
TP6= @ 0.0000119
TP7= @ 0.0000139
TP8= @ 0.0000189
TP9= @ 0.0000387
TP10= Free
GRC - Gridcoin possible growthLooking at previous satoshi cycles there is a lot of potential in this chart.
(This is not financial advice, this is a volatile market where anything can happen)
$grc longGreat zone to spot-accumulate. Prob going to explode up out of the order block above that line. Not sure about target zones, mine are a bit conservative. But I like the r/r here way more than on a lot of other coins.
GRC 10X Pump PotentialGRC Looks like a coin that likes to get pumped, by looking at the graph. It has followed 5 very similar cycles and looks like it just hit it's bottom and is ready to restart.
Let's see how it goes.
GRC long opportunity-GRC was in new market cycle and did not run like 90% of other coins in dec/jan, the run was interrupted by BTC drop.
-price stable for some time and sitting on support
-downtrend volume bottomed, and RSI oversold on 1D --> bear power is steamed off.
-we are also near the very bottom around 0.00004 so unlikely to drop much. --> little people willing to sell at this point.
-TD sequential maxed out at 9.
Long term trade. see in a month or two.
educational purpose not financial advice.
GridCoin (GRC) 4x - 9x Few Month (Poloniex, Bittrex)(LOW RISK)GridCoin (GRC) is towards 400x - 900x within month. It does not have a huge market capture, it has great potential to rise up substantially and MACD indicates that could easily occur soon!
This is a Low Risk - High Reward trade
Remember to invest only what you can afford to lose. We are not your financial advisors.
If you are a member, you will receive updates on this trade.
GridCoin's Market PotentialI am no longer invested in Gridcoin as much as I used to, but may decide to back it again. I realize the potential GRC has technologically and that is why I liked it years ago. That being said, Gridcoin is literally the cryptocurrency of distributed computing. It maximizes hashing in order to solve mathematically and scientifically difficult problems globally. This is what a true P2P network is. I believe right now it reached numerous negative correlations, and has the opportunity for a market dip where it could potentially reach 5 to 7 times the market cap it has now in the long future. I personally rate it medium to high risk but believe given its potential and correlation resistance, it is worth giving a shot.
$GRC Playing The Grid CoinFractals can mean everything when you look at a coin's DNA. Here we see Gridcoin like to cup and explode only to wick and come right back down. Well it sure looks like it's ready for another push! Using Fibonacci levels and Gann Fan angles, we can plot a likely scenario.
GRC - potential huge upriseGRC passed the resistance and now is testing it. After that - Target 1 and Target 2. Huge increase in volume in the last days
