Long
Grin if you want support
If BTC sees some consolidation around 10-12k then holders might see value buying back into Grin.
This is the first area of interest, where the price of Grin has fallen back down towards previous resistance( which has now become support)
This is the first area of interest, where the price of Grin has fallen back down towards previous resistance( which has now become support)
Note
Noted that owners of Grin have been holding very tight during this whole down move. Selling was never really that aggressive and big sell orders weren't left resting in the book. Even now, big resting sell orders are staying well away from the best bid( meaning there won't be many grins for buyers to absorb if price starts moving up again, so it could move up quite aggressively( pump)Total buyers on Polo went from around 12.xBTC 24 hours ago, to 19.x BTC as of now. While the amount of sellers in the book has remained pretty much the same( around 110k)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.