After laddering up and making several attempts to break over the 538 weekly level, QSP has finally done so. Im looking for QSP to hold its current weekly level and break out of its local trend to start attacking and gaining the smaller time frame hold and break levels to reach its next weekly goal at 718. Ill have a price alert to sell at 514 if the move fails to launch.
Comment:
Due to bad trade management im in a bad position. No point in selling now as this is when coins are recovering after the BTC pullback. Still in trade looking to hold new support level at 502. Have stop set at 501
Trade closed manually:
Exited at 509.