GRSBTC (Groestlcoin) is starting the week on a strong bullish note.
Today prices are moving above EMA200 and EMA300 simultaneously, while both levels are quite apart from each other.
Prices continue to rise and we are sure to see more.
We are aiming at 2,000 satoshis short-term followed by 2,700 satoshis and beyond.
Thanks a lot for reading.
After two successful recent trades on GRS, it looks like we can already go for the third wave in the next couple of days and make some gains again.
GRS has been considered a "sleeping giant" for a while by many people.
Why I'm very bullish on GRS despite the very low volume:
- Clear pennant triangle forming on 4h timeframe
- We're reaching the end...
What a nice configuration.
RSI is absolutely bullish
MACD is almost crossing, need to wait for confirmation.
We've been on a nice descending channel after last time's pump
Bollinger's band show a movement that will happen very soon.
Volume is still very low for the moment so risky trade.
If it breaks by the top, enjoy the ride.
Definetely bullish on...
GRS is one of the rare coins that haven't exploded yet on Binance in the previous months (except December pump and dump).
If we look at the chart, we can see a bullish divergence on MACD and a growing RSI.
Bollinger bands are showing a movement that will happen soon (weekly timeframe).
300% seems to be a reasonable (yet awesome) target as there is absolutely no...
1450-1550sts is the start point of previous rally and now it has went back to this zone so it is really worthy to buy in again.
GRS is also forming a falling wedge pattern and its target should be the upper edge, and it should be 2000sts.
If GRS breaks the upper edge of the falling wedge, it will be easy to hit the 2400sts.
We will get out if GRS dump under...
It was just a shakeout... The altcoins are going back to growth, fast.
Here we have the chart for Groestlcoin (GRSBTC) and you can see the highlighted part (light blue).
We can see prices moving back above all the EMAs with force... We can easily see additional bullish action in the days, weeks, and months to come.
Here is the previous chart: June...
GRS has brought us a lot of profit with previous analysis and now it went back to its horizontal support of 2000-2100sts. We can start to accumulate it in this range for the next pump. Its target should be 2800-3000sts or even 4000sts in this July
It will be very harmful if drops below 1900sts.
We are on a sideways trend for some time on GRSBTC, however, with large movements for these two points and we are reaching the support region of this accumulation so we will go to pay attention at this support level, an entry at this area could give a nice trade with the risks reward very positive.
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BINANCE:GRSBTC has been consolidating for a very long time.
Touched All-Time support and bounced fast. Usually this kind of reaction means that it might not go down lower.
Buying near 0.618 Fibonacci Line will be a safe investment with a stoplos below the RED horizontal line.
Will GroestlCoin break out of consolidation? Lets see!
Groestlcoin (GRSBTC) printed a very long-wick recently that signals a trend reversal.
Now we have prices moving above MA200 with very strong/bullish indicators.
This pair can easily move strongly if this trend continues.
Here is the previous chart: 31-May
Groestlcoin (GRS) Trend Reversal Signal Is In!...
GRS has pumped from our buyzone at 1800sts to near 2500sts. Now it has already found out the next support at 1900-2000sts to rise up to next target at 3000sts or even 4000sts as old analysis.
The green zone is our support in this wave, be careful if this support zone broken
Hi friends hope you are doing well. In this article I want to show you my technical analysis on Groestlcoin to understand how it has completed the setup for very big bullish move.
The major spike:
If we watch on the weekly chart then GRS was moving in a down channel. And on the candlestick that was started on the 4th May 2020 it was trying to break down the...
According to my previous analysis about GRSBTC, here w have confirmation:
- strong rebound from the bottom
- falling wedge formation break from upper side
On BTCGRS long time there was no bomb, now we have change in trend - effect can be only one.
Have a great profits!