Short

Updated

GRS/BTC S.O.T May Chart-off week 3

Mana is accumulating along a 1 hour uptrend being supported by a 4 hour uptrend a few sats below.
It has just wicked a 4 hour hold level and is hovering over another 4 hour hold level at 5106.
Going to monitor it as it comes up to the daily down trend and hopefully after to attack the next 4 hour downtrends.

Buy - 5165
Target 1 - 5262 (1.8%)
Target 2 - 5392 (4.3%)
Target 3 - 5549 (7.4%)
Target 4 - 5701 (10%)
Stop Loss - 5105 (-1.1%)

*Legend*
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Blue

Note

Looking to close out above the 4 hour hold before a good move.

Note

Got stopped out for 1%
Going to look for re-entry when btc settles a bit.

Note

Rebought 4985 on the 4 hour uptrend
Also updated the 4 hour uptrend
stop loss 4944 just under the hourly hold level

Trade active

sold 5060 on a spike up for 1.5%
BTC is still a bit unstable
will rebuy the trend
Total profits 0.4%

Note

local hourly downtrend formed.
Will keep an eye on BTC over the next while.
If it moves quick I think GRS could come down to the 4 hour hold at 4901

Trade active

Re-Entered on a flash drop at 4861
Looking to close out above the 4901 4 Hour hold level.
Will monitor very closely as BTC is going for another run up.
Stoploss - 4832

Note

Edit: stop loss is 4830

Trade closed: stop reached

Stop triggered -0.6
Total profit - 0.02
With BTC rallying to quick I will monitor GRS from the side until things calm down.

Trade active

BTC Made a quick 5 minute candle.
Picked up GRS at 4676 for a quick scalp.
Entry 4676
Stop loss 4650 (.6%)

Trade closed manually

BTC starting to get choppy again
Sold at 4745
profit = 1.4
Total Profit = 1.2
I think it might drop to the bottom side downtrend (blue line) and take a bounce up.

Note

Will look for downtrend break for re-entry.

Note

Just noticed that I called it mana in the description

Note

Going to see if it can close out above the hourly downtrend

Trade active

Rebought the trend brake
4580
Stop loss - 4549

Trade closed: target reached

Sold 4690 1 hour hold

Trade active

Rebuy - 4607
Stoploss - 4565
Came down to touch a 1 hour hold
Going to look for it to gain the next hold and attack the daily down trend

Trade closed: stop reached

Stopped out at 5565 .9%
Total profit = 2.5%

Note

Will look for re-entry on the next hourly hold down

Note

Starting to form a local uptrend.
Want conformation of hold level before rebuy.

Note

Broke Local Downtrend
I've also added in a new 4 Hour downtrend that has been formed.
Buy - 4475
Stop loss - 4442

Note

Closed above the 1 Hour hold level.
Going to watch closely to see if it can break over the 4 hour downtrend.

Trade closed manually

With the instability of BTC at the minute I am locking in profits on this move.
I will wait for the price to come back down to the hold level.
Sell 4708
Total Profit = 7.7%

Note

Looking for GRS to close out above the 4 hour trend. Then attack the local trend before its next move up

Note

Trend broke
Will look for trend close now.

Trade active

Closed above the hourly on the 15 min candles.
Rebuy - 4535
Stop loss - 4485 (15 min Hold)

Note

Snapshot for above comment

Trade closed manually

Sold on a push up to the daily downtrend.
Sell - 4649
Profit - 2.5%
Total Profit - 10.2%

Trade active

Back in as it closed above the 1-4hr and daily down trend .. looking for a test of the next 4 hour hold
Buy - 4636
Stop - 4599

Trade closed manually

Sold at 4703 for 1.4%
Don’t want to chance a big drop over night when binance is in maintenance
Total profit = 11.6%

Note

Chart for above sell

Note

Starting to form a nice local uptrend.
Will buy back in when the market re-opens

Trade active

Flash spike to my 4 hour downtrend.
Didn't get to buy in time.
Rebuy - 4792
stop loss - 4690

Trade closed manually

Sold 5033 for 5% Profit.
BTC is getting a bit choppy with binance re-opening
Total profit - 15.2%

Trade active

Rebought in for 1% less at 4969
stoploss - 4900

Note

trying to break over the daily downtrend.
Looking to sell on the 4 hour downtrend

Trade closed manually

Have to go to football so I am closing manually for 3%
Still in the trade IRL
Total profit - 18.2%

Note

Looks like GRS is going to attack 5500-5700-6200

Note

Respecting the hour downtrend very well.

OisnGribben

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OisnGribben