QSP successfully broke out the Ascending triangle pattern, but the breaking volume was not too much.
However, looking at the candles with long wicks, it seems that someone is trying to buy QSP at this price.
Despite the long, drawn out bleed of many altcoins on Binance - Quantstamp has continued to attract accumulators. This seems counter-intuitive given the declining price, however the OBV tells a different story. Ever since the week starting 26th March 2018, there have been buyers stepping in to (happily?) take ownership of the bags of disgruntled sellers. We can...
Quanstamp is an early stage protocol that audits smart contracts for the ethereum network. They have recently upgraded their protocol QSP, have audited 2 companies successfully (to include binances stable coin).
QSP has gained about .33% in the last few days but took a sharp 1% drop in just a single day and also had a 3% rise in a single day! This tells me that...
#QSP Slowly recovering after that double Bottom that we charted on may end...
Currently showing a symmetrical triangle pattern on a decreasing volume...
UCTS still on a Sell signal since April 8th (42% down..)
Wait for this triangle to break & decide (Volume is key)
$QSP Double bottom and break from descending trendline pushed #QSP 30%+...
UCTS Buy signal on the 12h
Volume spiked and now its pushing against resistance ~392sats
If it manages to flip R/S, it has enough room for a new push up to 500sats..
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
We are looking at a very interesting trade opportunity (such perfect chart patterns are hard to come by) in QSP. With their network launch just around the corner, quality development & all the right things on the chart, its a definite buy. Levels on the chart.