The 1-day chart above tells us the price action resistance is now broken. Additionally there is good volume coming in following the almost 3-month long divergence between price action and the oscillators. Great moment to go long.
The divergence is slightly clearer here on the 3-day chart following 2 bullish engulfing candles.
There's a good chance that the price of GRIN will go up.
Targets: 0.00013, 0.00016, 0.00020, 0.00025, 0.00030, 0.00035.
I do not advise you to hold this coin for a long time, as innosilicon still going to put the miners and the price in February should go down because of them.
I am noticing a bullish setup for Grin (GRIN). My trading idea is to buy around current levels with a stop loss order around 0.00016, an initial target around 0.00029, and a secondary target of 0.00035, but if bullish volumes come in, it could go higher. As seen in the chart below, GRIN/BTC appears to be have formed a market structure bottom and is...