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.
GRSBTC
Groestlcoin quick trade 20.04.2018 binanceChart speaks for itself, I will make an update after the next move.
Pump detected on GRS 500% gainGroestl coin pump today. Bottom Finder signalled buy alert 5 hrs prior to coin pump. Buy alerted at 91, potential sell at 486 max. Whopping 500% potential gain using Bottom Finder script. Captured at 15min interval, rsi45 default.
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.X Potential BreakoutDouble bottom hit. Breaking out of falling wedge. RSI bullish divergence. Fibs are targets. This is a new coin on Binance and seems to be following the pattern of pump/dump/double bottom/then moon. I will hold 3-4 days.
$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
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.
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%.
GRS looking bullishGRS and that bullish rectangle... or is it a raising wedge? I'm trying to differentiate the two. Input is greatly appreciated!
GRSBTC GroestlcoinProject appears as a very speculative. Even though it is vivid that every rise has an impulsive character, there is a little change in general price outcome.
I am guessing that GRS got to present any firm fundamental data to get over upper limits.
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.
