Abmoon

GRS - Triangle

BINANCE:GRSBTC   None
GRS is in triangle and soon it will go on one or another side. RSI is still bearish and it is possibe to se rejection around 50, but if it manage to break it that would lead to some bullish movements. MACD is unstable and it seems that MACD line and Signal line are going to cross, so that could be bullish too. Volume is pretty high so there could be some push in any direction.
If it breaks above triangle there is resistance are beetwen 1974-2011 (two red lines) and there I expect rejection.
In bearish scenario it is possible to break down triangle and there could be support and rejection at 1673 (blue dashed line)

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