GRS How To TradeYesterday Nov 3:
RSI oversold aligned with reversal zone, elliot wave correction wave 4 completion & bullish bat target gave us the signal to enter in correction zone.
Today:
- Fibonacci Extension level 1.618 aligns w/ Elliot wave 5 next leg up target $2 USD
Notes:
- wait for local high to be broken for entry to ride to $2 USD
- watch out for RSI to dip down
- Look for candlestick patterns
- watch volume
Grs
GRS updateI 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 see a run to ATH again. However, 231 MA is still acting as a resisitance so we may not see the run as planned. But hey you know what, anything could happen and I am glad that I was right on this coin in the beginning.
As long as $BTC does not take off in the next few days, we can see GRS attempts to reach ATH.
