GRS Broken the Weekly Resistance Looking bullishI have mentioned almost all the points on the above chart.
Right at the movement, GRS has broken the weekly resistance with a green engulfing candle.
From here two possible scenarios,
1. The next candlestick would be going to test the new support which was resistance before at 2156. Most probably on 1st test 95 percent of the chances are the retracement.
2. 2nd scenario would b that the next candle is going to find a new resistance and then it is going to retest the support.
I would go with the first scenario because the candle has breakout the upper trend line as well.
Important Point:
Whenever a certain level is break whether it is support or resistance, after that the next move is usually the retest/ retracement of the broken level. And when it is rejected from that level, then you can enter the trade.
Avoid entering the trading while the body of candle has already formed or the candle is in between the two levels.
Always try to enter the trade near the support and resistance level after rejections for maximum profits.
Trade Safe and manage your money properly.
Don't invest all of your money in a single asset. Divide it.
If you have 10 trades going on, and out of those 10 , 7 trades are losing and 3 trades are going successful, but the overall percentage is going up then you are good trader.
Practice and be patient.
Grskrw
GRS/BTC (Trading at Key Support)GRS/BTC
-after a top at 2700s area, the price has dropped almost -30%
-it is now trading just above the golden fib zone
-and a strong daily support area
-if GRS can hold this level for the next 1-2 days
-I'm expecting a small pump up to 2260s resistance
-stop loss is ideal set below 0.618 fib support
GRS/BTC (Weekly Resistance Retest)GRS/BTC
-weekly candle starts strong as the price holds 20W MA
-challenging the weekly resistance area between 2400-2700s
-I have two trading approach here
-first is to buy the break/close of weekly resist area
-or wait for the pullback and retest of old resist>new support
-the upside potential is up to 5300s
-stoploss is determined once we have an entry position
GRS, Final Push (Get READY); PP 65%-300%-1000%+!This is a heavily manipulated coin that is known by crypto veterans as the "devil's coin". It has caused many PTSD patients because of how many times they have been burned by GRS.
GRS is about to hit the last long term trend line, which can indicate the biggest pump of all time.
What most people don't recognize is that 62% of GRS' supply is currently owned by the Koreans on the Upbit exchange.
GRS Update (Short Term, Mid Term, Long Term PP); VERY BullishPrevious trade was absolutely successful. 20% Easy profits on that breakout. Now that we have a more established trend line, we are now approaching a full retrace to absolutely strong support area.
Accumulation, steady sell offs are all indicators of another bull run for GRS. Remember, GRS pops in a matter of seconds!
Good luck!
GRS Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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GRS Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Thanks for visiting.
GRS Critical Update: 300%+ PotentialWe are retesting long term support for GRS. Every bounce has brought astronomical gains within 2018. If we are able to break above long term support as indicated on my chart, we can be looking for some astronomical gains. Remember, swing trading is key. You must look for long term entries.
GRS looks better nowWell, after almost everything failed we can see that the breakout is inevitable.. we are going to the Red H&S Target from the last idea of GRS BTC. So, now, red is our accumulation zone ... this is going to be pumped... so start your whatever-rig-manual strategy you have and bring it all!!
GoodTrade
-CJ-
GRS: A Bull Run Case (2018-2019); Expect HUGE returnsWe have hit major resistance lines (check the above chart, please) a total of four times since July, 2016. Depending on how Bitcoin behaves, we are setting up for an incredible run up for GRS.
It's simple: "when in doubt, zoom out." A realistic case on getting huge returns for GRS would be for us to break this major resistance line around $1.50 - $1.70.
No major sell off has occurred despite the volume being low, this entails that consolidation is occurring, just on different levels as people take profit from run ups.
1. If it breaks, I expect GRS to never return to these levels (GRS has been coming out with developments every three months since their debut four years ago), and is one of the most developed coins out in the market despite their substance.
2. GRS is one of the few coins with a clear chart history, and the pump potential on this coin is absolutely insane (GRS has made the most returns percentage wise for the month of April of this year).
3. GRS is now listed on 26 different markets - a huge lead over any other market. They are also listed on most major exchanges, including Binance. I'm expecting/taking bets that GRS will be listed on Bithumb, respectively.
This is a given that GRS should be in your portfolio.
