Grs
GROESTLCOIN, Buying opportunity. HUGE BREAKOUT SOONGrsoetlcoin touched his trendline. The coin could take +70% then facing the resistance and waiting for a huge breakout coming.
I will sell my coins when it will reach the resistance around 16.5k and then waiting if the breakout occurs.
I consider this trade SAFE.
A lot of good news are coming for GRS like the adding on Ledger.
GRSBTC - 300% profit potential (watch the buy-in zones)GRS - a coin that has it all - lightening network, atomic swaps and a great road map.
We are currently trading within the smaller channel of a bigger one.
At this moment the indicators are pretty weak, suggesting a possible fall to a resistance within the bigger channel (i marked it as "preferred buy-in zone").
However we may continue trading within the smaller channel for a while before the break out.
I estimated a potential profit assuming we will bounce off the lower resistance, however it may not follow through.
Anyways, the potential for gains is big and we may expect some nice profits.
Groestlcoin More Growth To ComeFollowing the previous idea on Groestlcoin , it has reached the upside target, which was 161.8% Fibonacci retracement applied through the November high. But GRS/USD managed to break above the $1.9 resistance and currently it is acting as a support, while 4h candle failed to close below after producing a strong spike down.
The $1.9 support could be just another buying opportunity for Groestlcoin investors as it looks like the uptrend is likely to continue towards next Fibonacci retracement levels. First strong resistance is at 261.8%, that is $2.8. Second resistance is at $3.4, which is 237.2% Fibonacci retracement level.
The overall trend is very bullish and Groestlcoing could be rising fast. The only way where trend could turn bearish is if it breaks below the 200 Moving Average.
GRS LongGRS has been in consolidation for quite some time and looks to be almost ready for takeoff. I would watch this one closely as it can break out at any moment.
Daily MACD line coming to cross, which as in the past has seen massive gains.
You can potentially enter now, but I would wait and see where the breakout is and confirmed with volume. Could potentially set up a small bear trap before exploding. Notice the amount of accumulation volume, and the fact that these massive buy orders haven't sold yet. Usually tells you something about the market.
Entry: .000068-60
Stop Loss: .000055-50
Happy Trading!
GRS Forming Flag?: Prediction Precision TestWorking on some forecasting and GRSBTC looks like a challenge so why not. GRS is currently correcting after a massive bull run but has made decent correction so far so there may be more life left in GRS yet. This is mainly for fun but i'm leaning towards a breakout. We'll see =] Shoot me a message if you actually want some info on how to trade this move (if it actually pans out...). Happy Trading
GRS - Potential UpsideBased on the trend analysis, GRS is hitting a critical point and has some large potential for growth.