IBC Altcoin Short Trading Recommendation – GRS

IBC Altcoin Short Trading Recommendation – GRS

Cryptocurrency General
November 9, 2017 by Hitesh Malviya
431
Segwit2x got cancelled, and things are finally going well for altcoins market. Alts are growing since the announcement is made, and expect it to grow at least for a week. With that, here’s a quick recommendation – GRS. Our altcoin recommendation: GRS “Note the Elliot wave here. The last Elliot wave cycle has ended and
GRS

Segwit2x got cancelled, and things are finally going well for altcoins market. Alts are growing since the announcement is made, and expect it to grow at least for a week. With that, here’s a quick recommendation – GRS.

Our altcoin recommendation: GRS

“Note the Elliot wave here. The last Elliot wave cycle has ended and a new one has begun.”

Market sentiment for GRS is overall bullish due to the cancellation of BTC hard fork. The chart looks bullish with the bull flag. If it breaks above the bull flag we can see the 13k satoshi price level tested again and perhaps even a start a new Elliot wave cycle that will lead to a retest of the ATH.

Entry Zone: Below 10000 Satoshis

Exit zone: 13000-15000 Satoshis

Stop Loss: 8500 Satoshis

Credits: @Steve4633 for Team IBC.

Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

1 Comment

Add a comment

Join Us
AND GET OUR LATEST CONTENT IN YOUR INBOX

SUBSCRIBE 
Your information will never be shared
In a hurry?
No problem, let us help you stay updated!
Subscribe to receive weekly Cryptocurrency News, Articles, Trading Recommendations and ICO Reviews directly to your inbox.
Yes, Subscribe Me!
No Thanks!
close-link

Share This

Share this post with your friends!