GRIN
GrinHello crypto community,
I recently got acquainted with the GRIN project
I liked this project with many things
Private
Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide where a newly created transaction comes from, it gets relayed privately (a "random walk") among peers before it is publicly announced.
Scalable
MimbleWimble leverages cryptography to allow most of the past transaction data to be removed. This guarantees Grin won't collapse under its own weight in the long term.
Open
Grin is developed openly, by developers distributed all over the world. It's not controlled by any company, foundation or individual. The coin distribution is designed to be as fair (but not gratis) as is known to be possible.
grin-tech.org
coinmarketcap.com
Technical analysis
We find bottom
Start growing
Correction 61.8% fibonacci
Stoch RSI oversold
Volume is grownig
Small Marcket Cap
Moon soon;)
GRIN/BTC - Laddering in Don't sleep on $GRIN
GRIN will be top 100 coin. Mark my words (Sean Connery accent)
--
"Grin likes itself small and easy on the eyes. It wants to be inclusive and welcoming for all walks of life, without judgement. Grin is terribly ambitious, but not at the detriment of others, rather to further us all. It may have strong opinions to stay in line with its objectives, which doesn't mean disrespect of others' ideas.
We believe in pull requests, data, and scientific research. We do not believe in unfounded beliefs."
GRIN ready for more gainsPOLONIEX:GRINBTC has retraced to strong support and 0.786 fib, a hot spot for retracement reversals. Once the descending wedge is broken, look for GRIN to pump to the top of the ascending triangle. This is a young coin and has a lot of growth and cap space to move!
If support breaks, we'll end up at the trend line around 62000 sat or so. STOP @ 60k sat
Grin bullish reaction on 2.24 projectionIt´s the highest propability that GRIN will go to 125K sats. if we found bottom.
Put your limit orders into boxes on the right chart or entry after breakout high.
Your stoploss should be below bottom.
GRINBTC - Target callGRINBTC looking pretty good in my opinion. Bottomed out of my 4hr fib and is making its way upwards on the new 2hr fib. If you got in at the green line 0.000668-0.000670 (or lower), you should be taking profits at the 50% golden line. Watch for a pull back to the green line for a reload or second chance to buy in and then take profits at the respective golden lines. TRADE SAFE, NOT TRADING ADVICE.
bottoming out?grin is interesting with low coin supply of 4,681,320 less than Dash. zcash each went over $800
GRIN to many flaws to be worthwhileI had a lot of fun trading GRIN/BTC in the beginning, however this coin is extremely erratic. I would not put much beyond a free bag into this for the time being. The price should fall to the under $1 range, flatten out and become useful. until then, I will put my money in other places.
