GRS seems to be consolidating into a nice pennant on the daily charts. Plan to enter trade and buy upon breakout to positive side of trend. I anticipate the breakout any day now.
GRS has bounced in a double-bottom pattern on the purple support line, and on the 32.8% Fib. retracement. There is a chance to test the next resistance on the 50% Fib. retracement at 0.000105 BTC.
GRS is currently testing a line of support (shown in purple) and the 38.2% Fib Retracement. It could be a good time to buy, maybe setting a stop loss at 0.00008 BTC.
Everything lines up for another run here... Lets see if it can go through.
I posted my very first chart on September 29th. This is an update to the previous idea for $GRS. I have predicted the breakout since the first time I charted this coin but I had the wrong beginning of the cycle labeled. I made some small adjustments to the chart and updated some trendlines. I think we could see a cup and handle forming here. If C&H forms we can...