ChaiQixuan

GRS update

Long
ChaiQixuan Updated   
BITTREX:GRSBTC   Groestlcoin / Bitcoin
I 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.
Comment:
Let's take a closer look at this chart and the current situation
We are close to seeing a cup and handle forming. If it does form, then we can see a really good run to ATH.



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