Following the previous idea on Groestlcoin, it has reached the upside target and broke above it. GRS coin remains one of the leaders in the recent performance. Since price has bottomed out at $0.26, the increase in value was 760%, resulting in the GRS/USD moving as high as $2.3 in just over two weeks.
The upside momentum remains very strong and the rise is likely...
I will get straight to the point, we have seen this coin being manipulated for the past few days now, but when it comes to patterns and charts, 1H chart is looking bullish to me. As we can see we have a triangle formation and its very simple. If it breaks to the top, we have a breakout, and if it breaks to the bottom, we might see it dip or dump.
Most likely it...
Volume is building up. We can see nice resistance at 0.618 fib level. First target at 0.382 fib then we might expect a quick dump before further movement. I will make more specific chart with bigger time frame if we reach 0.236 fib level.
Groestlcoin continues to range between 5.7k and 16k satoshi areas. These levels correspond to the Fibonacci retracement levels, 76.4% and 23.6% accordingly.
While there is no established trend as GRS/BTC continues to reject the support, the range trading is likely to continue. If that's the case, the price should go up once again towards the 16k satoshis...
Groestlcoin has been corrected down for 47 days since it reached the $2.75 high on 21st of December 2017. Correction resulted in a 85% decline while reaching $0.4 support area.
GRS/USD nearly tested the 88.6% Fibonacci retracement, however, the support hasn't been touched, and while RSI formed a bullish divergence price started to move higher. The downtrend...
Project appears as a very speculative. Even though it is vivid that every rise has an impulsive character, there is a little change in general price outcome.
I am guessing that GRS got to present any firm fundamental data to get over upper limits.
Grsoetlcoin (GRS/BTC) has been having big price action fluctuations, all caused by the choppy market within the past month; however, it is now finally showing a massive bullish signal on the 1-day chart, with a huge potential for breaking out again:
- Ascending triangle is the biggest factor here; we are getting higher lows, and consistent touching of the trend...
Following the previous idea on Groestlcoin, it has reached the upside target, which was 161.8% Fibonacci retracement applied through the November high. But GRS/USD managed to break above the $1.9 resistance and currently it is acting as a support, while 4h candle failed to close below after producing a strong spike down.
The $1.9 support could be just another...
been watching GRS for a while now. i noted 2 potential channels and X marks the spot for breakout
BTC will have to stay sideways
target 1: 8783
target 2: 9910
rekt: < 6000~