It tried to test the monthly level back in September 17th 2018 and it was rejected creating new lows and more weekly levels. It seems that the last clear monthly level is around 366 satoshis and the newly created levels that have been formed for weekly moves are 230 satoshis, 179 satoshis and then 107 satoshis. #GRC it is currently trading at 69 satoshis and its...
Technical analysis: . Gridcoin/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Make 15% if it breaks really fast!
The descending pattern that I was talking in the following analysis () is now gone as it was broken towards the upper limit meaning that a move up is likely to happen. Today I wanted to review the pattern and discover a new patter is building up and it is aiming to 214 satoshis but a strong down movement means that everyone is preparing for the momentum that the...
Technical analysis: . GridCoin/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . GridCoin/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
GridCoin(GRC) is at a strong support, where it has increased a lot the previous times it has reached this point. It seems to stay inside the rectangle, with a range of almost 10x. The thing that worries me is 1. The low volume & 2. That it has been at the support for a while, with not much action. The previous times, it would spike back up once it touched the...
Just noticed this coin looking through charts. If you are holding BTC it is probably a safe place to put some. It looks like it is starting to make a move. Up 7% or so today. The GRC coin can be played on Poloniex and Bittrex, not playing myself as I am not on them sites for now but just posting to see if I am correct. The thing with this is the volume is tiny,...
Technical analysis: . GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
Technical analysis: . GRIDCOIN/BITCOIN is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
Looking at previous satoshi cycles there is a lot of potential in this chart. (This is not financial advice, this is a volatile market where anything can happen)
Great zone to spot-accumulate. Prob going to explode up out of the order block above that line. Not sure about target zones, mine are a bit conservative. But I like the r/r here way more than on a lot of other coins.
GRC Looks like a coin that likes to get pumped, by looking at the graph. It has followed 5 very similar cycles and looks like it just hit it's bottom and is ready to restart. Let's see how it goes.
-GRC was in new market cycle and did not run like 90% of other coins in dec/jan, the run was interrupted by BTC drop. -price stable for some time and sitting on support -downtrend volume bottomed, and RSI oversold on 1D --> bear power is steamed off. -we are also near the very bottom around 0.00004 so unlikely to drop much. --> little people willing to sell at...