$QRL fundamentals are all good for accumulation buys. The only variable is when main exchanges platforms will list the mainnet coin (the coin which is actually mineable through PoW mining).
The actual markets available are based on the ICOish ERC20 tokens released for inital start of the project. Basically consistent price moves and subsequent price consolidations ,upward or downward, will only be defined when a mainnet listing will occur.
However an uptrend confirmation would occur in the event of exchange listing.
In the chart you can see some key resistance levels on the .
$QRL has strong possiblities to start an towards the Second Daily resistance levels on 8500ish levels.
First correction happened on first resistance level (yellow rectangle).
MM flushing indicators and shaking weak hands/ impulsive traders.
Fill your bags in pyramidal order, keep checkin for the bounce near the bottom of the uptrend channel.
In the event of MM decision to hold on longer on QRL accumulation phase broke down of uptrend channel could occur. In the vent this would happen I will re-analyze the whole situation to reschedule a strategy.
Actual prediction for uptrend VS downtrend/sideline: 80% - 20%
Actual prediction up vs down: 60% vs 40%
We should know how it will go by sunday or so.
The next ride will give up 50X to anyone buying under 10k levels.