GRS/BTC RebirthHealthy correction after rapid growth seems to be done. Market is near 0.382 fibo, also RSI on 4H and 1H looks oversold.
GRSBTC trade ideas
Groestlcoin Elliot Wave AnalysisI think Groestlcoin could be around 25k per BTC in the coming day(s).
GRS POSSIBLE MOVEMENTIn this chart, trend lines show for possible supports. since it broke the first trend line, this could indicate a bearish trend.
and if support is strong on the trend line, it could pull back to retest resistance. if it breaks again the support, a lower drop will be seen.
***PS, still new to TA, still trying. so feel free to comment if i'm wrong.
$GRS is on its way to new ATH after BTCThis is what I have observed in the past few days. Trading is being affected by BTC ATHs most of the time. This chart would be applicable most probably if BTC does not go another ATH.
GRS updateI posted my very first chart on September 29th. This is an update to the previous idea for $GRS.
I have predicted the breakout since the first time I charted this coin but I had the wrong beginning of the cycle labeled. I made some small adjustments to the chart and updated some trendlines. I think we could see a cup and handle forming here. If C&H forms we can see a run to ATH again. However, 231 MA is still acting as a resisitance so we may not see the run as planned. But hey you know what, anything could happen and I am glad that I was right on this coin in the beginning.
As long as $BTC does not take off in the next few days, we can see GRS attempts to reach ATH.
Classic bull penant forming on GRS?Just discovered this coin so new to its behaviour. Seems to have taken uptrend in fairly textbook fashion and with volume increasing (2400 BTC) could yield a strong bull pennant formation. If bounce at 6000 - 6900 sats and MACD pushes at trendline I would consider entry. $GRS
Lots of hype for Vertcoin recently and this seems to similar in design. Profits from $VTC could be directed here
GRS Descending Wedge Possible Break Out Could be a nice breakout point here if it gets above the wedge.
GRS Long, Hoping for another breakoutLooking like another breakout is coming. There has been a ton of volume and price action over the past day or so. There is resistance/support at 6K so hopefully it can get back above that. Next support is at 5500 if it keeps going down. Hopefully, after that we will have a break out. I have been swing trading this over the past day with due to the osculation in price. With the bitcoin fork and bitcoin rising its really anyones call as to what can happen in the short term.
$GRS next targetEarly entry - red. Good entry - blue. Perfect entry - orange or lower. Mid term targets are 3000, 5000 and 13500 sats. Correlate your entry/exit with $BTC movements or coin’s updates, news, announcements, etc.
GRSBTC - Do or DieGRSBTC previous entry was not profitable.
Sitting on a host of major supports on a very significant time frame.
Using primarily Ichimoku for this analysis.
GRSBTC - Possible ReversalIt may be a good time to go long on GRSBTC. While the bounce is not yet confirmed, it is currently resting on long-term and Bollinger Band support with indicators on the floor turning bullish.
Worth keeping an eye on.
I recommend waiting for indicators to confirm bullish before entering this position if you want to be as safe as possible.
GRSBTC Ripe for a buyingLooks like it might bounce of the support line. If it does , might look at profiting anywhere in the parallel channel!
Will enter trade if it bounces.
Looking nice, even when zooming into the 30min chart.
Opportunities for small profits 5-10%. Or mid term large profits in the parallel channel!
If it falls below the support, then, well..... wait for the dip to finish.
GRSBTC - Great Setup on 4HBITTREX:GRSBTC
I've been watching this one steadily now. Support is currently strong at ~0.00004200. RSI at 4H looks solid; No indications of this being overbought. Good entry would be anywhere between 0.00004200 -- 0.000043; stop loss at 0.000040. Otherwise, GRS seems like a winner over the next few days. Thoughts?
