IBC Altcoin Short Trading Recommendation – 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
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.