GRSBTC
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 - Potential UpsideBased on the trend analysis, GRS is hitting a critical point and has some large potential for growth.
$GRS Potential Ascending Triangle!!This fractal reminds me of $XRP before its final 5th wave breakout of its Ascending Triangle. Against the dollar the triangle pattern is much more defined compared to these volatile Bitcoin charts. Look to enter back on support of the .618 and Ichimoku cloud support. Still a little more Bearish movement to go according to the Stoch RSI so enter near that trend line
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