Another hype project? Impulsive structure evident. Half of structure still to be developed. Cheap coin and considerate potential...
I am expecting another round up before some major correction may appear.
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.
Monaco market eagers to jump, however, it needs some good news to create a hype for it.
Rising channel that thus far does not forecast anything spectacular.
Waves enumeration looks correct. From this point of view we look for some more increases before general break down /major correction/
Local H1 correction need to get finalized and then the strongest and typically longest in price impulsive wave shall show its strenght.
So far nothing sure to be presented, without a new ATH or below DEC17 low we remain in the channel.
As soon as correction is finished in time /price action seems to be finished now/ - new ATH should be the next move.
Previous scenario is still valid, some more spikes needed to achieve rectangle area. Increases are having impulsive character, no last lows covered.
Last rebound, last ATH before major correction? let's see...