Grs coin in USD dollar, there is and long term growth patterns with 3.5% per day Although there is up and down waves, main skeleton is just one. So you can buy the grs coin in bottom side of the channel.
If price action broke triangle formation, we will see another highs.
Following the previous idea on Groestlcoin , it has reached the upside target, which was 161.8% Fibonacci retracement applied through the November high. But GRS/USD managed to break above the $1.9 resistance and currently it is acting as a support, while 4h candle failed to close below after producing a strong spike down. The $1.9 support could be just another...
1. A perfect cup and handle being formed 2. A major dev announcement anticipated around 25th December,2017
This probably has to do with the big announcement on the 25th.
With the pattern showing clear consolodation and breakouts, are in a great buying zone?
Groestlcoin has reached an all-time high on the 1st of November, hitting $1.33. Since then it corrected down to $0.4 while losing to USD 70%. A $0.4 is a strong psychological support and it has been rejected for three consecutive times. After the last rejection price went higher breaking above the triangle pattern. Currently, Groestlcoin has corrected down and is...
Looks like GRS is consolidating at 7000-8000 sats level, going to break out soon!
Based on the trend analysis, GRS is hitting a critical point and has some large potential for growth.
Can you guys tell me if I did it correctly? I want to become a master Chart reader (:
Yesterday Nov 3: RSI oversold aligned with reversal zone, elliot wave correction wave 4 completion & bullish bat target gave us the signal to enter in correction zone. Today: - Fibonacci Extension level 1.618 aligns w/ Elliot wave 5 next leg up target $2 USD Notes: - wait for local high to be broken for entry to ride to $2 USD - watch out for RSI to dip down -...
Groestlcoin just made the correction wave 4. We hit bottom at 0,618% fibonacci around 0,55. This is also the top of wave 1. According to fibonacci wave 5 will reach 4,2 which is around 2$.