There is enough convincing confluence in fibs to make a case that GRTUSD has completed its capitulation, too, IMO. There is still a case for lower, but I would make no qualms about buying here.
It dropped 83% from its ATH to go along with this confluence, so I'd say that is a pretty strong capitulation with a bit of data suggesting that it is completed. There is also a case to say that the graph may see as low as 10 cents, but I don't think that it plays out, personally.
Play at your own risk, but not a bad time to grab some graph IMO : )
I have attached some ideas to this idea for reference.
Thank you!
It dropped 83% from its ATH to go along with this confluence, so I'd say that is a pretty strong capitulation with a bit of data suggesting that it is completed. There is also a case to say that the graph may see as low as 10 cents, but I don't think that it plays out, personally.
Play at your own risk, but not a bad time to grab some graph IMO : )
I have attached some ideas to this idea for reference.
Thank you!
