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GRSBTC

GRS Broken the Weekly Resistance Looking bullishI have mentioned almost all the points on the above chart. Right at the movement, GRS has broken the weekly resistance with a green engulfing candle. From here two possible scenarios, 1. The next candlestick would be going to test the new support which was resistance before at 2156. Most probably on 1st test 95 percent of the chances are the retracement. 2. 2nd scenario would b that the next candle is going to find a new resistance and then it is going to retest the support. I would go with the first scenario because the candle has breakout the upper trend line as well. Important Point: Whenever a certain level is break whether it is support or resistance, after that the next move is usually the retest/ retracement of the broken level. And when it is rejected from that level, then you can enter the trade. Avoid entering the trading while the body of candle has already formed or the candle is in between the two levels. Always try to enter the trade near the support and resistance level after rejections for maximum profits. Trade Safe and manage your money properly. Don't invest all of your money in a single asset. Divide it. If you have 10 trades going on, and out of those 10 , 7 trades are losing and 3 trades are going successful, but the overall percentage is going up then you are good trader. Practice and be patient.
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by SmartMaxi
GRSBTC ready to take offBINANCE:GRSBTC , not very popular coin now but it doesn't matter much. They say: ''Every dog has its day'' . And so GRSBTC will have it soon. It looks that bottom is in. MACD looks good. Only more volume needed. Targets are in the chart. Keep in mind that this coin likes to dump hard but when it pumps, it pumps hard as well so I wouldn't be surprised seeing GRS reaching second target very soon once the rocket takes off. Buy now and enjoy your profit soon. Not a financial advice.
GLong
by vf_investment
2
Broad Bull Channel | Triangle | GRSPrice action is completing a Pullback on Daily timeframe in the form of Broad Bull Channel on 4H Chart. We have completed Bear Leg. We are starting out bull leg with Wedge Breakout (not a clear wedge) and forming a Triangle at Support of Bull Channel. Trade can be take at a Green Trendline Marked in the Chart. Correct Stop Loss is key to take this trade. Disclaimer Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
GLong
by Good_Trading_Calls
GRS-BTC need a pumpGreetings, GRS has been in the accumulation channel for a year since July 2019, with a channel width of 40%, which will be the first target. What is this coin about and what do its holders honestly believe in, I think some payment system that will save the world)). It is traded on many exchanges, the volume of trading today is about 100 bitcoins per day. In case of penetration and fixation over the upper limit of the channel I do not see serious volume levels on VPVR indicator up to 4700. This is about 120% of the lower limit of the channel, the next volume level is 6000 -200% of the lower limit of the channel. I will take profit before the levels for 10 - 15%. Now the price at the support level of 2000, if it doesn't hold, it can roll back to the levels of 1800 and 1500. The entry point or the breakout of the zone 2000, the increased vertical volume. Or on the rollback when the support is confirmed, the price returns and the level rebounds, the same if the volume is available.
GLong
by Kirill_Gaitan
GRS / BTC TIME TO SHOW SOME ACTION AND +1600% ProfitBINANCE:GRSBTC has been consolidating for a very long time. Touched All-Time support and bounced fast. Usually this kind of reaction means that it might not go down lower. Buying near 0.618 Fibonacci Line will be a safe investment with a stoplos below the RED horizontal line. Risk: 5 Reward: 7 Will GroestlCoin break out of consolidation? Lets see! What are your thought on this coin? Very interesting to read your opinion. Peace
GLong
by Crypto_Burns
3
GRS/BTC Current Update what can we do now?#GRSBTC Exit Plan Update:- #GRSBTC Still holding Strong Support as per Chart. If we talk about chart then this Is good Re entry Point but Now we hold only Old positions and not fresh entry Right Now. #GRS Hold Or sell..? Tomorrow #GRS Fundamental is Strong so I am holding with 2200 Satoshi Tight Stop loss. But I am also thinking to not place Stop loss at 2200 Satoshi and I will watch closely every time and if any 4 hours candle also close bellow 2250 Satoshi then i will exit this Coin with small Profit. Why small Profit..? Because you all know our 1st Entry was 1800 Satoshi. So if we calculate average then we are in Profit. But What about who enter at 2400 Satoshi..? So guys Don’t worry i also make plan for him. Try to keep an eye on #GRS next 48 hours. If any 4 hours candle close below 2250 Satoshi then we will exit with 5-8% loss. But if pump #GRS then i am sure its can give 30-70% easily. So Choice is yours. Please LIKE and Appreciate me . And also Drop Comments is you have any dought about #GRS only. Must Follow me for Latest crypto Updates. Thank you..
GLong
by CryptoPatel
24
GRS/BTC Ready to 50% Profit within week..?#GRS/BTC Bullish TA Chart:- #GRSBTC Looks Very Bullish At this point. According to Chart Analysis i am buying here CMP ( Current Market Price) Target 1 :- 2990 Satoshi Target 2:- 3620 Satoshi Target 3:- 4564 Satoshi Why i am Buying..? According to Chart analysis #GRSBTC At very Strong Support and Also Retest point. So I can Strongly Expect Strong Bounce Back from here. I personally can expect Within 2-5 days i can expect 30-50% profit. Don’t forget To click LIKe Button and Appreciate me. Must Follow me for latest crypto Updates. Thank you.
GLong
by CryptoPatel
34
Groestlcoin (GRS) A Big Pump AheadHi friends hope you are doing well. In this article I want to show you my technical analysis on Groestlcoin to understand how it has completed the setup for very big bullish move. The major spike: If we watch on the weekly chart then GRS was moving in a down channel. And on the candlestick that was started on the 4th May 2020 it was trying to break down the support. But soon in the second week of May 2020 it started the bullish rally up to more than 80% from the lowest point up to the highest point. All indicators gave clear bullish signals before the rally: Before the bullish rally almost all indicators gave very obviously signals. For example I have used the combination of five indicators to determine the bullish rally. Then it can be easily observed that on 8th May the moving average convergence divergence (MACD) indicator started turning bullish and the stochastic gave bull cross from oversold zone. Then on 12th May the momentum was started changing from bearish to bullish and finally we received a bullish signal by the directional movement indicator as well because the positive directional indicator (+DI) crossed up the negative directional indicator on 22nd May and then we have witnessed a powerful upward move. The SMAs are turning bullish: If we place the simple moving averages with the time period of 25, 50, 100 and 200. Then it can be easily observed that after the strong bullish rally the price action has crossed up all the moving averages. At this time the price action of GRS is crossing up the 200 simple moving average. This time the smallest time period moving average 25 is crossing the 50 simple moving average and the biggest time period moving average with the time period of 200 is above all other moving averages. Once the smallest moving average will be moved above all other moving averages and the biggest time period moving average will be moved below all the other moving averages then a complete opened alligator mouth can be formed by the SMAs that can trigger more powerful bullish move. And before the alligator’s mouth formation we can observe another bullish move when the 50 simple moving average will be crossing up the 200 SMA. Because this golden cross is considered as a powerful buying signal among the traders community and this bull cross between the two moving averages will be a big invitation to the traders to buy GRS. Harmonic moves with continuation: Now let’s move to my favorite part of the analyses and that is the harmonic moves by the price action of GRS. If we switch to the long-term weekly chart then it can be easily seen that the price action is continuously forming different harmonic patterns and all these patterns are bearish. For example 1st the price action formed a bearish Shark pattern and for the completion of final leg it produced more than 1700% bullish rally. Then price action started the formation of bearish Butterfly pattern and while completing the final leg of this butterfly the price action produced more than 600% rally. At this time the price action is forming another bearish Shark pattern. The formation of this pattern was started from the candlestick that was started on 23rd April 2018. And after the completion of initial leg the price action retraced up to 0.618 Fibonacci level. And this was the first confirmation of bearish Shark. Then B to C leg is projected between 1.13 upto 1.618 Fibonacci projection and this is the second confirmation of Shark. You can observe that on the chart I have placed the pattern up to 1.618 Fib level, but this level is in negative zone therefore it will be not possible for the priceline to enter in the negative zone. I have just placed the pattern up to this level only for educational purpose to show you the perfection of this pattern. However the priceline has found a strong support at 0.00001751 sats. Therefore the potential can be up to this level. Now as per Fibonacci sequence of bearish Shark. The priceline should move between 0.886 up to 1.13 Fibonacci retracement level. And once this leg will be completed then in it can produce up to 1650% big bullish rally. However as per Fibonacci sequence of bearish Shark I have also defined some secure targets as well. The complete buying and sell targets as per Fibonacci sequence are as below: Buy between: 0.00003480 to 0.00001751 sats Secure sell target zone: 0.00008636 to 0.0001591 sats Aggressive target sell zone (Upto the completion of shark's leg) 0.0002541 to 0.0003096 sats Conclusion: As previous history of GRS it is very easy for the price action to complete the formation of another harmonic pattern and that is almost formed. However it is not confirmed that this strong bullish move will be started before the testnet release that is announced by the GRS team.
Long
by moon333
1
#GRS/BTC is ready! 50% Potential ProfitWelcome to this quick update guys. GRS/BTC signals was provided on around 1850 sats thats the price were we bought. It is extremely bullish right now. Although this has become a P&D coin.We are buying heavy bags on this 2000 range with a target almost the range of the CUP and Handle pattern (Bullish in nature). The price is retesting the resistance turned support trendline after breakout positively. Right spot to enter now. For Targets please observe the Chart. Look for my other setups.All are above 50% profit!! Stay tuned, more setups coming up. Please hit that like. button and share your views in the comment section. Thanks Stay safe #PEACE
GLong
by Cryptorphic
27