I feel like QSP might drow below the resistance line as volume is low, might be a long trade, something to keep an eye on!
QSP will soon reach the end of its symmetrical triangle pattern. As you can see from the chart; BINANCE:QSPBTC had previously formed a symmetrical triangle pattern of which it broke out of on 6th February. This breakout only served to form the basis of an extension to the existing triangle formation thereby increasing the size of the structure. A new breakout...
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:...
For those of you who watched the SEC live, congratulations! The bull is in. The question is, which alts should you buy? The short answer is that right now, most of them are bullish, but there are a few hidden gems that I really love. QuantStamp (QSP) is one of them. What makes QSP different? Well for starters, QSP plans to be an ICO auditing firm. Assuming you...
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!
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...