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#GRC analysis by raserrano

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· @raserrano ·
$1.33
#GRC analysis
The descending pattern that I was talking in the following analysis [#grc long](https://www.tradingview.com/chart/GRCBTC/jXSMyJ4t-GRC-close-to-finish-descending-triangle-pattern/) is now gone as it was broken towards the upper limit meaning that a move up is likely to happen. Today I wanted to review the pattern and discover a new patter is building up and it is aiming to 214 satoshis but a strong down movement means that everyone is preparing for the momentum that the move will generate. It seems that those who bought at 160 satoshis level or more are willing to short sell and they are aiming to get back in at 150 to finally reach the 200 level, that is a pretty decent 25% trade if the movement is completed.  My long analysis still keeps the optimistic result that it could keep on going up and in te long run profit could be better. 

![grc.png](https://ipfs.busy.org/ipfs/QmXjhscTWhh9jD6678CtmSogfyrQRkfcMQ32Z1k19o2ED8)
<sub>[Trading view image](https://www.tradingview.com/x/EYfyfFZd/) and its corresponding [post](https://www.tradingview.com/chart/GRCBTC/cwDGzegP-GRC-Short-analysis/)

I'm still amazed how learning few key concepts and trying t o apply them can get you to a better understanding on how trading works and how to get into a better situation when starting a trade.

Other analysis done:
- [#LTC analysis](https://steemit.com/ltc/@raserrano/ltc-analysis)
- [#XRP analysis](https://steemit.com/xrp/@raserrano/xrp-analysis)
- [#XVG analysis](https://steemit.com/xvg/@raserrano/xvg-analysis)
- [#TRX analysis part 2](https://steemit.com/trx/@raserrano/trx-analysis-part-2)
- [#SBD analysis ](https://steemit.com/sbd/@raserrano/5isq78-sbd-analysis)
- [#SC analysis](https://steemit.com/siacoin/@raserrano/sc-analysis-second)
- [#GRC analysis](https://steemit.com/grc/@raserrano/grc-analysis)
- [#TRX analysis](https://steemit.com/trx/@raserrano/trx-analysis)
- [#XLM analysis](https://steemit.com/xlm/@raserrano/xlm-analysis)
- [#SC analysis](https://steemit.com/trading/@raserrano/63rup4-sc-analysis)
- [#SBD analysis](https://steemit.com/sbd/@raserrano/sbd-analysis)

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@lovejuice ·
re-raserrano-hcwva-grc-analysis-20181219t191428047z
This post has received a 24.13% upvote from @lovejuice thanks to @raserrano. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by raserrano from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>
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