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TheTradeMentor

GRS Long, Hoping for another breakout

Long
Groestlcoin / Bitcoin (BITTREX:GRSBTC)  
TheTradeMentor Updated   
BITTREX:GRSBTC   Groestlcoin / Bitcoin
Trend Analysis Chart Patterns GRSBTC
4
1
trendanalysis chartpattern grsbtc
Looking like another breakout is coming. There has been a ton of volume and price action over the past day or so. There is resistance/support at 6K so hopefully it can get back above that. Next support is at 5500 if it keeps going down. Hopefully, after that we will have a break out. I have been swing trading this over the past day with due to the osculation in price. With the bitcoin fork and bitcoin rising its really anyones call as to what can happen in the short term.
Comment:
It hit the next support at 4500 then had a little run. Went a bit out of my wedge.
Comment:
Thanks to Asia waking up and FOMOing on bitcoin and apparently buying GRS as well.
Comment:
It eventually broke out, hopefully, some of you held out and made some crazy gains!
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