Let's keep it simple, shall we?
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.
Feel free to hit/give a LIKE and comment if you want to show your support.
Namaste.