Turningmecard
Long

Groestlcoin buy time, possible 100%+@ profit

BITTREX:GRSUSD   Groestlcoin / US Dollar (calculated by TradingView)
from now on, i will introduce good alt coins for you. btc? it can drop , but see alt coins. many are breaking out from the downtrend tunnel. that means, the trend is now changing upwards. alt buy time. i will do this briefly.

groestlcoin looks good.


this coin is bullish with good bounces every time. it bounced off from falling wedge in april, made a big bullish flagpole, made another falling wedge inside that, now moving in triangle with good daily divergence, and 4hr divergence. i would target 1dollar first target, second target 1.5dollars. 100% profit, plus more.

weekly baseline is around 1 dollar for this coin, weekly ichimoku cloud resistance is around 1.5~1.7dollar area.


buy zone is 0.49~0.5 dollar. stoploss under 0.47dollar. watch for the price come to bottom of the triangle. below 0.47 dollar you can stoploss and look for good entries. i believe it will move in triangle for coming week as in the chart, it will consolidate, and possible break upwards time is november 10th~20th time zone. if price do not bounce to 0.53 dollar in that period, you can sell at current price, because that means the coin cannot breakthrough major resistance yet.

good luck!



Comment:
grs breaking upwards from triangle. two choices. either it breaks up, or it goes up a little show little retracement, and try november 20th time period. i got in now, started to show profit. if you are in just hold this.
yeap. thanks you
Reply
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