At Coin Inquire, we offer free price signal of Groestlcoin [GRS] and other cryptocurrencies. Today July 23 we are beginning a new series of free signals for top cryptocurrencies including Groestlcoin [GRS].
Groestlcoin is available for trading for the US and International customers on Bittrex, just as it is available on Binance, Huobi, and other minor exchanges.
We wanted to share trade for you just in case you enjoy this altcoin pair.
GRSBTC Chart Signals
But first, let’s start with the chart signals.
- A new low has been hit on Binance.
- Very strong bullish divergence on the MACD and RSI.
- High volume breakout above EMA5/10.
- Falling Wedge pattern ( bullish ).
Let’s take a look at the trade details now…
PAIR: Groestlcoin ( GRSBTC )
ENTRY: 0.00002500 – 0.00002700
NEXT SUPPORT: 0.00002270
PROFITS POTENTIAL: 214%
(Entry calculated at 0.00002680)
STOP: Close weekly below 0.00002000.
Note: Up to 666% profits if you look at higher targets.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.