OisnGribben

GRS/BTC S.O.T May Chart-off week 3

Short
OisnGribben Updated   
BINANCE:GRSBTC   None
Mana is accumulating along a 1 hour uptrend being supported by a 4 hour uptrend a few sats below.
It has just wicked a 4 hour hold level and is hovering over another 4 hour hold level at 5106.
Going to monitor it as it comes up to the daily down trend and hopefully after to attack the next 4 hour downtrends.

Buy - 5165
Target 1 - 5262 (1.8%)
Target 2 - 5392 (4.3%)
Target 3 - 5549 (7.4%)
Target 4 - 5701 (10%)
Stop Loss - 5105 (-1.1%)

*Legend*
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Blue
Comment:
Looking to close out above the 4 hour hold before a good move.
Comment:
Got stopped out for 1%
Going to look for re-entry when btc settles a bit.
Comment:
Rebought 4985 on the 4 hour uptrend
Also updated the 4 hour uptrend
stop loss 4944 just under the hourly hold level
Trade active:
sold 5060 on a spike up for 1.5%
BTC is still a bit unstable
will rebuy the trend
Total profits 0.4%
Comment:
local hourly downtrend formed.
Will keep an eye on BTC over the next while.
If it moves quick I think GRS could come down to the 4 hour hold at 4901
Trade active:
Re-Entered on a flash drop at 4861
Looking to close out above the 4901 4 Hour hold level.
Will monitor very closely as BTC is going for another run up.
Stoploss - 4832
Comment:
Edit: stop loss is 4830
Trade closed: stop reached:
Stop triggered -0.6
Total profit - 0.02
With BTC rallying to quick I will monitor GRS from the side until things calm down.
Trade active:
BTC Made a quick 5 minute candle.
Picked up GRS at 4676 for a quick scalp.
Entry 4676
Stop loss 4650 (.6%)
Trade closed manually:
BTC starting to get choppy again
Sold at 4745
profit = 1.4
Total Profit = 1.2
I think it might drop to the bottom side downtrend (blue line) and take a bounce up.
Comment:
Will look for downtrend break for re-entry.
Comment:
Just noticed that I called it mana in the description
Comment:
Going to see if it can close out above the hourly downtrend
Trade active:
Rebought the trend brake
4580
Stop loss - 4549
Trade closed: target reached:
Sold 4690 1 hour hold
Trade active:
Rebuy - 4607
Stoploss - 4565
Came down to touch a 1 hour hold
Going to look for it to gain the next hold and attack the daily down trend
Trade closed: stop reached:
Stopped out at 5565 .9%
Total profit = 2.5%
Comment:
Will look for re-entry on the next hourly hold down
Comment:
Starting to form a local uptrend.
Want conformation of hold level before rebuy.
Comment:
Broke Local Downtrend
I've also added in a new 4 Hour downtrend that has been formed.
Buy - 4475
Stop loss - 4442
Comment:
Closed above the 1 Hour hold level.
Going to watch closely to see if it can break over the 4 hour downtrend.
Trade closed manually:
With the instability of BTC at the minute I am locking in profits on this move.
I will wait for the price to come back down to the hold level.
Sell 4708
Total Profit = 7.7%
Comment:
Looking for GRS to close out above the 4 hour trend. Then attack the local trend before its next move up

Comment:
Trend broke
Will look for trend close now.
Trade active:
Closed above the hourly on the 15 min candles.
Rebuy - 4535
Stop loss - 4485 (15 min Hold)
Comment:
Snapshot for above comment
Trade closed manually:
Sold on a push up to the daily downtrend.
Sell - 4649
Profit - 2.5%
Total Profit - 10.2%
Trade active:
Back in as it closed above the 1-4hr and daily down trend .. looking for a test of the next 4 hour hold
Buy - 4636
Stop - 4599
Trade closed manually:
Sold at 4703 for 1.4%
Don’t want to chance a big drop over night when binance is in maintenance
Total profit = 11.6%
Comment:
Chart for above sell
Comment:
Starting to form a nice local uptrend.
Will buy back in when the market re-opens
Trade active:
Flash spike to my 4 hour downtrend.
Didn't get to buy in time.
Rebuy - 4792
stop loss - 4690
Trade closed manually:
Sold 5033 for 5% Profit.
BTC is getting a bit choppy with binance re-opening
Total profit - 15.2%
Trade active:
Rebought in for 1% less at 4969
stoploss - 4900
Comment:
trying to break over the daily downtrend.
Looking to sell on the 4 hour downtrend
Trade closed manually:
Have to go to football so I am closing manually for 3%
Still in the trade IRL
Total profit - 18.2%
Comment:
Looks like GRS is going to attack 5500-5700-6200
Comment:
Respecting the hour downtrend very well.
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