czarly

QASH will retrace

Short
BITFINEX:QSHBTC   None
I know thats a big bet but I can afford it because I have no position in this coin. The reason why I write about it is that I expected big things from it earlier and I heard of Liquid or Quoine being one of the shadiest exchanges out there associated with the Yakuza and that makes me believe they will find a way to make their performance one way or the other. Now that their Liquid platform is live (that was coded in Saigon) - Viet Nam vo dich! - It's time to get the price of the token going and see! A steady rise for a month now that led to a comfortable 2x in the worst span of the bear market if it comes to me.

What else do we see? Divergences in oscillators all over the place. If trading was always so simple we would be all rich. The volume is declining as well and if nothing magical happens we will see a retrace to support. Where can we find it? Look no further as to the Ichimoku Indicator: the Tenkan (brown line = "stop loss") sits around 25% lower than the price. after a 100% advance that aligns with the famous 50% retracement! Wow does someone paint the tape here? Another support level could be found on the upper edge of the cloud which is basically the same levels but shifted a bit further into the future.

So guys buy on support sell on resistance. thats your 30% trade coming right there. I believe you can short shitcoins on Bitfinex no? You're welcome... I'm not going to create a Bitfinex account now. Or maybe I will but I don't know it yet. Trough shorting and longing the potential profit will be...

1 BTC short, 25% profit = 1,25 BTC
1,25 BTC long, 30% profit = 1,62 BTC

Thats 60% in BTC and you have good chances to hit a BTC bull market in January.

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