I have mentioned almost all the points on the above chart.
Right at the movement, GRS has broken the weekly resistance with a green engulfing candle.
From here two possible scenarios,
1. The next candlestick would be going to test the new support which was resistance before at 2156. Most probably on 1st test 95 percent of the chances are the retracement.
2. 2nd...
GRS/BTC
-after a top at 2700s area, the price has dropped almost -30%
-it is now trading just above the golden fib zone
-and a strong daily support area
-if GRS can hold this level for the next 1-2 days
-I'm expecting a small pump up to 2260s resistance
-stop loss is ideal set below 0.618 fib support
#GRSBTC Exit Plan Update:-
#GRSBTC Still holding Strong Support as per Chart.
If we talk about chart then this Is good Re entry Point but Now we hold only Old positions and not fresh entry Right Now.
#GRS Hold Or sell..?
Tomorrow #GRS Fundamental is Strong so I am holding with 2200 Satoshi Tight Stop loss.
But I am also thinking to not place Stop loss at 2200...
#GRS/BTC Bullish TA Chart:-
#GRSBTC Looks Very Bullish At this point.
According to Chart Analysis i am buying here CMP ( Current Market Price)
Target 1 :- 2990 Satoshi
Target 2:- 3620 Satoshi
Target 3:- 4564 Satoshi
Why i am Buying..?
According to Chart analysis #GRSBTC At very Strong Support and Also Retest point.
So I can Strongly Expect Strong Bounce...
GRS/BTC
-weekly candle starts strong as the price holds 20W MA
-challenging the weekly resistance area between 2400-2700s
-I have two trading approach here
-first is to buy the break/close of weekly resist area
-or wait for the pullback and retest of old resist>new support
-the upside potential is up to 5300s
-stoploss is determined once we have an entry position
GRS/BTC
GRS is about to form a golden cross of 50MA & 200MA on the daily chart.
If GRS can hold current price levels or inside this bullish ascending triangle.
There is a high chance we could see mid-term growth for this coin.
The stop-loss is placed under both MAs and the upside target is up to 3550 sats area.
GRS/BTC
A strong break above downline key resistance with green volume. price is trading above both 50 MA and 100 Day MA.
Higher Low and scouting for Higher High. I'll wait for a healthy pullback for my entries.
Trade setup
Buy area: 2700 Sats - 2500 Sats
Sell target: 2900 Sats - 4500 Sats
Stop loss: 2150 Sats
This is a heavily manipulated coin that is known by crypto veterans as the "devil's coin". It has caused many PTSD patients because of how many times they have been burned by GRS.
GRS is about to hit the last long term trend line, which can indicate the biggest pump of all time.
What most people don't recognize is that 62% of GRS' supply is currently owned by...
Previous trade was absolutely successful. 20% Easy profits on that breakout. Now that we have a more established trend line, we are now approaching a full retrace to absolutely strong support area.
Accumulation, steady sell offs are all indicators of another bull run for GRS. Remember, GRS pops in a matter of seconds!
Good luck!
