QRLBTC Looking for gap target just under 0.382 Fib Long

Quantum Resistant Ledger / BitcoinBittrex

Description

⋅ Feb 19, 2018 7:42 PM

1. At 0.786 retracement of previous move up.
2. Double divergence on MACD.
3. Oversold.

Looking for gap target just under 0.382 Fib but could go as far as 0.50 fib

Fibonacci

Comments

djulik85

⋅ Feb 25, 2018 6:11 AM

Do think its going to drop to 8800?

crowdream

⋅ Feb 25, 2018 7:38 PM

@djulik85, QRLBTC completed a perfect AB=CD (0.618/1.618) so in the short term I would target the gap as originally charted which so happens to be also dead on the 0.382 fib.