Groestlcoin (GRSBTC) hit a low on the 25-Sept., a clear bounce followed that produced 66% of growth...
After a peak price was hit on the 15-Oct., the classic retrace took place and GRSBTC printed a higher low...
Now, we are seeing huge volume, a really big volume bar which we didn't see before for the 66% of the growth that happened. This volume marks and confirms the higher low as well as send out a bullish signal telling us that there will be additional growth.
The RSI supports this analysis because it is now bullish/strong.
The MACD can be seen as easily curving...
Here is my prediction Groestlcoin will continue moving forward and produce a higher high next...
This is not financial advice. Remember to have a plan/strategy before you trade.
All the details are marked on the chart.
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