GRS ... learningWas looking at GRS and find some interesting thing,...
This is for my record... cause im just a student
GoodTrade
-CJ-
Grs
Groestlcoin - How Far Can It Go?Following the previous idea on Groestlcoin , it has reached the upside target and broke above it. GRS coin remains one of the leaders in the recent performance. Since price has bottomed out at $0.26, the increase in value was 760%, resulting in the GRS/USD moving as high as $2.3 in just over two weeks.
The upside momentum remains very strong and the rise is likely to continue. The next resistance level is seen at $127.2% Fibonacci retracement level, that is $3.5. And the much stronger, key resistance is at 161.8% Fibs, that is $4.5. If GRS manages to break above the final resistance, then only sky is the limit, while the rejection of any of the resistance level should result in a several months of correctional move down.
On a downside, there are several support levels to watch, the nearest is at $1.27, that is 50% Fibs. The second is $0.58, which is 61.8% Fibs from the previous wave up, and remains the key support level. Break below first support at $1.27 could send it back to $0.58 from where the uptrend should continue. But only break and close below $0.26 should invalidate bullish outlook.
GRSBTC - Keep a close eye on this oneI will get straight to the point, we have seen this coin being manipulated for the past few days now, but when it comes to patterns and charts, 1H chart is looking bullish to me. As we can see we have a triangle formation and its very simple. If it breaks to the top, we have a breakout, and if it breaks to the bottom, we might see it dip or dump.
Most likely it should breakout to the top any moment now, so lets keep an eye on it. This is going to be a risky trade, so DYOR first. Also, this coin will be a good hold as it has a major development release coming up in the month on June. It will be interesting to watch how that shapes GRSBTC. Although, I would not recommend to buy it now and hold it till June. For that we will get our dips in between.
I will keep an eye on this if it develops in a trade, but feel free to do your own research and enter if you feel like it. I personally will just be watching this one out. Will update the trade as and when needed for this one. Stay tuned for more updates, and follow here so you can get the latest updates on my posts.
Happy Trading!
Groestlcoin 5th wave qucik trade 20.04.2018Volume is building up. We can see nice resistance at 0.618 fib level. First target at 0.382 fib then we might expect a quick dump before further movement. I will make more specific chart with bigger time frame if we reach 0.236 fib level.
Groestlcoin quick trade 20.04.2018 binanceChart speaks for itself, I will make an update after the next move.
GRS is in the lead with the bull runGRS has fully recovered from the bear cycle and is already heading towards its ATH. a bullish pennant is forming in the daily also.
GRS About to Break Off Descending WedgeAfternoon Crypto Junkies!
Pretty easy to see here. We got a descending wedge that has been consolidating for the last several hours. This could also be considered a bull flag pattern.
MACD is also fairly low as both fast and slow signals are about to cross.
Love trading GRS as it offers tremendous gains!
$GRS the best indicator that the bull market is on its way Look at this pattern. Groestlcoin made a new high back in october, 2months before the bull run in december. IS this pattern repeating and indicating a bull run in June. shhhh
GRSBTC 40% +GRSBTC 40% +
Hello again!
And again an interesting coin!
The market does not cease to surprise us!
GRS for 2 days gave the opportunity to earn more than 200% of profits and does not seem to be going to stop there!
If you already have positions in this coin, then move the stop loss higher and get the redoubt from the trip.
If you are only going to enter into a deal, then you have a chance to earn 40% or more.
The only thing I can not stop repeating is the use of stop loss.
To save what we already have is more important than trying not to miss new opportunities.
Good luck and good trading!
Groestlcoin VS Bitcoin Range TradingGroestlcoin continues to range between 5.7k and 16k satoshi areas. These levels correspond to the Fibonacci retracement levels, 76.4% and 23.6% accordingly.
While there is no established trend as GRS/BTC continues to reject the support, the range trading is likely to continue. If that's the case, the price should go up once again towards the 16k satoshis resistance. Whether the resistance will be broken or rejected, remains to be seen.
Break above should confirm a bullish run, but rejection might result in a continuation of the consolidation. On the downside, break below the support area should send Groestlcoin lower towards 88.6% Fibonacci retracement level, that is 3.3k satoshis. Such a low price could attract more buyers, resulting in exponential growth.
GRSlooks as if we are back at where we were in November. If we can break through this I see us going right back up to where we were in December/Jan.
GroestlCoin Mid-Term ScenariosGroestlcoin has been corrected down for 47 days since it reached the $2.75 high on 21st of December 2017. Correction resulted in a 85% decline while reaching $0.4 support area.
GRS/USD nearly tested the 88.6% Fibonacci retracement, however, the support hasn't been touched, and while RSI formed a bullish divergence price started to move higher. The downtrend trendline has been broken and on a correctional move down 4/1 Gann Fan has been rejected, forming the local support at $0.54.
GRS Coin should continue moving higher towards either $1, that is technical as well as psychological level and should be treated as a key resistance. Break above could push price further towards $1.5 area. If $1-1.5 will be rejected it is possible that price will correct down again, but this time to test 88.6% support at $0.37.
GRSBTC long term trade 220%looking for a bounce on previous cycle floor, and an entry on break of local swing high.
Target: +102%
Stop: -38%
Risk/Reward: 2.66
GRS Found SupportMoreover, the downside pressure seems to be weakening, while the technical indicators are endorsing the bullish scenario. From the technical point of view, in the short-term timeframe, the MACD indicator is approaching the positive bullish crossover, while the RSI is moving slightly higher above the oversold zone. Also, the price has just hit the 200-Day EMA near 6k Sats.
Further gains could see the resistance barrier, which overlaps with the 50-Day and 100-Day EMA. A jump above the aforementioned obstacle could reinforce the bullish structure in the short-term and open the way towards the next key resistance at 10k Sats.
GRS, 1-Day Showing Bullish SignalsGrsoetlcoin (GRS/BTC) has been having big price action fluctuations, all caused by the choppy market within the past month; however, it is now finally showing a massive bullish signal on the 1-day chart, with a huge potential for breaking out again:
- Ascending triangle is the biggest factor here; we are getting higher lows, and consistent touching of the trend line and top horizontal line for over a period of few weeks - this proves that people are aware of this coin.
- Top horizontal line is being tested over and over. This has been lasting for about a month now.
- Volume, MACD, CCI, and RSI are all showing upswing potential.
- We should be hearing news on GRS sooner or later, especially with their support for numerous wallets, including Ledger.
- Marketcap potential boost is HUGE with GRS.
GRS has been experiencing liquidity problems, and volume has been fluctuating due to shorts.
Good luck!
GRS possible tradeGRS hasn't pumped hard in a while. We can speculate that the coin may find buyers near the special line and an upward trend may be realised. If it finds momentum we may see good returns. Allow 2 months for this trade. Set stop loss once it's up 10%.
