Blackbox BUY signal: 50% winning ratio with 1:7 risk-to-rewardOn 14 May 2018 our Blackbox generated a BUY signal for Groestlcoin GRSBTC. The algorithm has a 50% chance of winning with a risk-to-reward ratio of 1:7 based on historical results in 85 coins with 365 signals in both USD and Bitcoin markets from 2013 to 2018. This is an open signal and we will post the sell signal when our algorithm alerts us.
The Blackbox is based on a proprietary, rule-based algorithm that generates buying and selling signals in cryptocurrencies for institutional finance and professional investors. Harnessing 15 years experience of currency and futures market trading, the Blackbox introduces the institutional discipline and the statistical bias to the volatile cryptocurrency market.
Meet the team and pre-register for access to the Blackbox at nordiccrypto.com
GRSBTC trade ideas
$GRS - Grostelcoin Daily ChartGrostelecoin is another coin that has a good monthly and weekly chart showing good possibilities for a longer term investment. Looking for sn entry i hope one comes soon. We have a slight correction going in a bearish channel right now, though we have signs of another trend reversal. AC oscillator going above the zero line and we have a bounce off some support near 13133 SATS. To confirm this trend change, the channel has to be broke at the top with a candle closing above it. If this occurred and the AC oscillator continues to show strength in a bullish trend, may be a good time to make an entry and start accumulating the coin.
GRSBTC Update / How to trade Momentum /As always, Bitcoin leads the crypto market, and with bitcoin dropping as it is now, a lot of alts feel the pressure as people sell for btc to sell the btc for fiat.
The same goes for GRSBTC pair as it is mainly traded in btc.
Reviewing the last price action, we did visit a lower structure level (previous resistance, now support) at 0.000125 which provided local support and bounced price back above the 0.618 fib only to get rejected again by the 0.5 fib.
I have placed an example long position to demonstrate a basic aspect of this trade setup.
This trade setup is based on market momentum, the last upswing has showed good volumes and a good rise in price. Now we see a nice retrace testing last support and in most cases we see price going for a retest of the highs here.
On a zoomed in view on the 45min chart, we can see bullish divergence apear.
This does not mean the price should reach the last high at ~ 0.000194, it means we find it probable that the market will try to go there and test ressistance.
The price is now ranging between the 0.5 and 0.618 fibs waiting for bitcoin to make its next move.
Please note that all trade setups are safer and probably more reliable when based and done on higher timeframe charts such as 4HR or longer.
GRSBTC Trending upGRSBTC is trending above the 200 Daily Moving Average and just made a new swing high with good volume.
I have placed fibs over the swing high from the last low to show support and resistance levels.
Should price retrace further, I would expect support to come in around the 0.50 to 0.618 fib levels. This is my preferred buy area for a good bounce in price.
GRSBTC Trending upGRSBTC just made a nice swing high on the HRLY chart with good volumes.
Its currently trending above the Daily 200 Moving average.
In most cases these swing highs create volatility in the range of the wave itself where this trade idea is based on.
The fib levels show the support and resistance levels and I expect support to come in around the 0.50 - 0.618 fibonacci level when we do retrace here further.
This would be my ideal buying range for a good bounce where I take my first profit.
HODL? I bought into BITTREX:GRSBTC right before a steep drop, but I held on. This was one of my positions most in the red after this recent dip and was close to being shook out a few times. I started typing this out saying the retest of .382 will be an interesting one, but it has already been touched. June 2017 possible fractal? How do people post those?
Regardless, I'm watching for a breakout.
Maybe a good girl to play (GRS)Hello, fellas...
I am watching this girl very fondly... There are rumors that GRS will be listed on Bithumb. So, rumors usually are signals to buy. So, let 's look the movements, if we can get an entry to play with this one.
Analysing the patterns, wedges are part of GRS movements. Huge volume entry, and it still in... following fibbo areas, i believe we can reach in the actual wedge forming 14.300-14.600 sats before rise up. Should be a good entry for me. I just will check the king (BTC) moves, because this guy can destroy our plans, Let's see together?
A song for this idea:
"I'm tired of rumours starting
I'm sick of being followed
I'm tired of people lying
Saying what they want about me
Why can't they back up off me
Why can't they let me live
I'm gonna do it my way
Take this for just what it is"
Song name: "Rumors"
Singer: "Lindsay Lohan"
Warning: this is not an advice to buy, is just MY VISION! Don't do any trade based on my charts, DYOR!!! It's not gambling, it's trading!
Love you, fellas!
GRS About to Break Off Descending WedgeAfternoon Crypto Junkies!
Pretty easy to see here. We got a descending wedge that has been consolidating for the last several hours. This could also be considered a bull flag pattern.
MACD is also fairly low as both fast and slow signals are about to cross.
Love trading GRS as it offers tremendous gains!
GRSBTC 40% +GRSBTC 40% +
Hello again!
And again an interesting coin!
The market does not cease to surprise us!
GRS for 2 days gave the opportunity to earn more than 200% of profits and does not seem to be going to stop there!
If you already have positions in this coin, then move the stop loss higher and get the redoubt from the trip.
If you are only going to enter into a deal, then you have a chance to earn 40% or more.
The only thing I can not stop repeating is the use of stop loss.
To save what we already have is more important than trying not to miss new opportunities.
Good luck and good trading!