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
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
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!
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell...
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
...
Cycles
I really dont know when...... could happen in a few hours, days or weeks.
If you like my ideas, please hit Like, leave a comment, share them and follow me for more!
Educational only
GoodTrade
-CJ-
BTC: 1DQinHVrv8SEjJR81swwuKpK4msz3ULYd9
GRS: FfBmjkrzb3VejEWTmDUu5TMno54xxsautt
We are retesting long term support for GRS. Every bounce has brought astronomical gains within 2018. If we are able to break above long term support as indicated on my chart, we can be looking for some astronomical gains. Remember, swing trading is key. You must look for long term entries.
Well, after almost everything failed we can see that the breakout is inevitable.. we are going to the Red H&S Target from the last idea of GRS BTC. So, now, red is our accumulation zone ... this is going to be pumped... so start your whatever-rig-manual strategy you have and bring it all!!
GoodTrade
-CJ-
We have hit major resistance lines (check the above chart, please) a total of four times since July, 2016. Depending on how Bitcoin behaves, we are setting up for an incredible run up for GRS.
It's simple: "when in doubt, zoom out." A realistic case on getting huge returns for GRS would be for us to break this major resistance line around $1.50 - $1.70.
No...
