Major sell off coming, do not fall for the ABC correction. Lots of resistance building at the 0.236 collusion and center of the trend line. If I saved you a lot of losses with my calls, and want to sleep well at night, simply donate :): Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9 Donate LTC:...
Quantstamp QSPBTC cryptocurrency made three horizontal correction waves, most likely in the form of a symmetrical triangle pattern. The subwaves D and E are still to be made. The next trend line, dotted red, limits the growth potential of bulls. A breakout above 38% Fibo can bring a three-wave growth movement.
Same setup as previous post on Dogecoin/BTC - first leg & wave 2 correction finished - targets are fib levels - sl line invalidates wavecount - MACD supports upward movement - moving average supports upward movement - Only play a small % of portfolio because risk/reward ratio is not that high Good luck & take care
ONE OF MY FAVOURITES! QUANSTAMP IS GOING TO BE A TOP COIN IN THE NEAR FUTURE. CURRENTLY IN THE DOWNTREND, THERES A POSSIBILTY FOR SPIKING BELOW THE TREND LINE AND HITTING THE 1500-3000 REGION BEOFRE WE REVERSE AND GAIN SOME MOMENTUM.
Elliot wave prediction. what do you think?
We know if it continues going it could lead to an upwards breakout, time will tell!
QSP Is currently in Descending Regression mode, Completely range bound. A break above 0.00004480 is very bullish for QSP for further gains. In case it does not pick buying momentum than we can easily see the price going back towards the 50%-61.2% correction before it goes back up. If you are not in the trade already than I would recommend to wait and see which...
As you can see in the chart, the Fib50 has been tested a few times. The support level of the triangle is exactly at that level, which means we can expect very very strong support there. The price is about to cross the 30 EMA and the MACD also shows an upward trend is coming. The drawing shows the expected price movement with strong fib levels at the black dotted...
Bullish Pennant on the hourly looking to break out for qsp -macd just crossed -rsi not looking to bad stop at-0.00003838
After last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Last night's outbreak also proves to be a good second wave in Elliot's theory, given that the bullish move was nearly 100%...
QSP/BTC has gone up around 15% in the last 24h, but it seems the fun is not yet over. There is a dominant flag with perfect bullish outway for another outbreak until early morning GMT time. Buy in the next hour as we will see a downward move before the indicators are in our favor. CCI will move below 0 during that move and trend line will go over the actual price,...
short term play to make a quick trade