Since july 2017 the priceline of Groestlcoin (GRS) / Bitcoin cryptocurrency is forming harmonic patterns with continuity.
1st price action formed bearish Shark then it formed bearish BAT and now it is forming another bearish Shark pattern.
RSI is oversold.
Histogram of MACD turned weak bearish from strong bearish.
Now the candle sticks are closer to the strong...
Groestlcoin is available for trading for the US and International customers on Bittrex, just as it is available on Binance, Huobi and other minor exchanges.
We wanted to share a trade for you just in case you enjoy this altcoin pair.
GRSBTC Chart Signals
But first, let's start with the chart signals.
A new low has been hit on Binance.
Very strong bullish...
GRS-BTC to drop to early 2017 levels, we might get a HUGE pump in the process.
Look at the green BOX ranges 0.0000187 - 0.0000030
The green box is inside the Dropping wedge and the channel
BUT! We might get a huge 1XX% pump that GROESTLCOIN GRS normally have randomly
Only for entertaining purposes
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$GRS / $BTC
Trying to reverse the current trend pushing upwards to the ~3k resistance level w increasing volume
UCTS Buy signal active on the 12H chart.
EMA 50 acting as resistance aswell.
If manage to cross, reversal from here with targets at 3.7/4.3k sats..
I found edge here. Similar to AGIBTC , lets trade this!
I am grateful for comments, likes and shares. I can also be found on twitter @PonziThy
All the best,
Disclaimer: My ideas for entertainment purposes only and should not be taken as financial advice!