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GRSUSD

Groestlcoin Upside TargetGroestlcoin has formed a double bottom on the 12th of June and since then price has been climbing up consistently, while rejecting the uptrend trendline. Price broke above the extended descending channel and the 200 Moving Average. The channel and MA breakout occurred simultaneously just today, suggesting further upside potential. GRS/USD is now highly likely to move up towards the key resistance seen at $0.9. This is the 23.6% Fibonacci retrenchment level, where previously price bounced off a number of times. If the $0.9 resistance is broken, GRS should test the strong psychological price at $1. And finally, break and close above $1 should confirm the trend reversal, at least for the short to medium term, which could result in a strong growth. Currently, the correction down is possible, perhaps down to the 200 Moving Average, but only break and close below the $0.48, should invalidate bullish outlook, where Groestlcoin shall continue trending down.
GLong
by CryptoPAMM
GRS: A Bull Run Case (2018-2019); Expect HUGE returnsWe have hit major resistance lines (check the above chart, please) a total of four times since July, 2016. Depending on how Bitcoin behaves, we are setting up for an incredible run up for GRS. It's simple: "when in doubt, zoom out." A realistic case on getting huge returns for GRS would be for us to break this major resistance line around $1.50 - $1.70. No major sell off has occurred despite the volume being low, this entails that consolidation is occurring, just on different levels as people take profit from run ups. 1. If it breaks, I expect GRS to never return to these levels (GRS has been coming out with developments every three months since their debut four years ago), and is one of the most developed coins out in the market despite their substance. 2. GRS is one of the few coins with a clear chart history, and the pump potential on this coin is absolutely insane (GRS has made the most returns percentage wise for the month of April of this year). 3. GRS is now listed on 26 different markets - a huge lead over any other market. They are also listed on most major exchanges, including Binance. I'm expecting/taking bets that GRS will be listed on Bithumb, respectively. This is a given that GRS should be in your portfolio.
by UnknownUnicorn1382647
Groestlcoin - How Far Can It Go?Following the previous idea on Groestlcoin , it has reached the upside target and broke above it. GRS coin remains one of the leaders in the recent performance. Since price has bottomed out at $0.26, the increase in value was 760%, resulting in the GRS/USD moving as high as $2.3 in just over two weeks. The upside momentum remains very strong and the rise is likely to continue. The next resistance level is seen at $127.2% Fibonacci retracement level, that is $3.5. And the much stronger, key resistance is at 161.8% Fibs, that is $4.5. If GRS manages to break above the final resistance, then only sky is the limit, while the rejection of any of the resistance level should result in a several months of correctional move down. On a downside, there are several support levels to watch, the nearest is at $1.27, that is 50% Fibs. The second is $0.58, which is 61.8% Fibs from the previous wave up, and remains the key support level. Break below first support at $1.27 could send it back to $0.58 from where the uptrend should continue. But only break and close below $0.26 should invalidate bullish outlook.
GLong
by CryptoPAMM
3
GroestlCoin Mid-Term ScenariosGroestlcoin has been corrected down for 47 days since it reached the $2.75 high on 21st of December 2017. Correction resulted in a 85% decline while reaching $0.4 support area. GRS/USD nearly tested the 88.6% Fibonacci retracement, however, the support hasn't been touched, and while RSI formed a bullish divergence price started to move higher. The downtrend trendline has been broken and on a correctional move down 4/1 Gann Fan has been rejected, forming the local support at $0.54. GRS Coin should continue moving higher towards either $1, that is technical as well as psychological level and should be treated as a key resistance. Break above could push price further towards $1.5 area. If $1-1.5 will be rejected it is possible that price will correct down again, but this time to test 88.6% support at $0.37.
GLong
by CryptoPAMM
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.
GLong
by CryptoPAMM
2
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!
Long
by cryptj
2