moon333
Long

GRSBTC forming bearish Shark | Upto 1668% expected

BITTREX:GRSBTC   Groestlcoin / Bitcoin
Since july 2017 the priceline of Groestlcoin (GRS) / Bitcoin cryptocurrency is forming harmonic patterns with continuity.
1st price action formed bearish Shark then it formed bearish BAT and now it is forming another bearish Shark pattern.
RSI is oversold.
Histogram of MACD turned weak bearish from strong bearish .
Now the candle sticks are closer to the strong support of 0.00001751 sats which is not broken since May 2017 therefore I have defined my buying range maximum upto 0.00001751 sats .
I have defined some secure targets and also aggressive targets upto the completion of Shark's leg using Fibonacci sequence.

Buy between:
0.00003480 to 0.00001751

Secure sell target zone:
0.00008636 to 0.00015911

Aggressive target sell zone (Upto the completion of shark's leg)
0.00025410 to 0.00030960

Enjoy your profits and regards,
Atif Akbar (moon333)
why is C taking us into the negative?
Reply
moon333 TWIMARKETCAP
Dear @TWIMARKETCAP, that is to show the maximum length of shark's leg for educational purpose coz the shark's C leg goes from 1.13 to 1.618 fibonacci, but if you want to see the buying area or potential reversal zone then plz watch the green box where I have mentioned the buying range: 0.00003480 to 0.00001751 sats and also in the chart's description thanks.
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