Good opportunity to buy after brokeout correction channel
T echnical analysis: QUANTSTAMP/BITCOIN is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 38. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone...
QUANTSTAMP/BITCOIN New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *There is still possibility of temporary retracement to suggested support zone (0.0000156 to 0.0000099), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000156) Ending of...
Quantstamp has left the accumulation zone Target: 2200 / 2900 / 3400 / 3870 / 4450 / 5400
QSP is looking for next fibonacci targets. Disclaimer: just for educational purposes.
Huge falling wedge formed the past 3 months on the QP chart. Will wait for a break out and RETEST of the resistance line to see if it turns to sufficient support. If it does I go long there and the targets are just the fibonacci lines. QSP has great fundamentals also, making it a low risk trade.
Quantstamp has found a very strong support at $0.08. The support is confirmed by two Fibonacci retracement levels. First is 38.2% Fibs applied to the uptrend trendline breakout point. Second is 127.2% Fibs applied to the corrective wave up after the trendline breakout. Clearly the support has been rejected and price produced a double bottom on the lower time...
Earlier timeline was a bit off, but the QSP/ETH trading pair QSP/ETH is respecting the previously established support levels and just busted through the trend line with a big upswing in volume. Bullish divergence on the MACD as well (not shown). Y Combinator of course starts tomorrow with a private preview today. This is for educational purposes only
QSP is consolidating forward. Bullish MACD divergence. Though I would like to see the RSI drop and clear movement above the cloud, with the Y Combinator demo ahead on March 19th, I expect the macros and fundamentals to drive it out of this trend.
All I can say for certain is that the QSP price is going change in one direction or the other, and it will happen very quickly. I'm personally bullish. While it's hard to predict exactly when QSP will break out of it's current descending triangle formation (dark green), it's already managed to break clear of its downtrending channel (pink) and there's a firm...
While it's hard to predict exactly when BINANCE:QSPETH will break out of it's current descending triangle formation (dark green), it's already managed to break clear of its downtrending channel (pink) and there's a firm line of support (dashed green) right on the horizon. It'll happen at or before the intersection... which happens to coincide with QSP's debut at...
QuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis. At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI...
FA (Pink colored notes): - Presentation of prototype -White paper update and network launch before the end of April -Rumor circling around of Bitrex listing Pattern and support: - Falling wedge identified - Minor bearish line on the way till major one (upper part of falling wedge. - Possible support at 78.60% fib level which needs to be verified at least one...
QSP 3/2/18 2:17am EST - Descending triangle, Fib, & Elliot Wave $QSP $BTC
3/1/18 11:30am EST - $QSP - Binance vs $BTC QSP: Here's the basics: - Long-term prediction likely 2-3 weeks before first target would be reached - note the dates on the bottom - this isn't a short call. - Fib retracement: QSP has bounced down to the 0.618 level, likely bounce upwards as this has been resistance in the past numerous times. For a true breakout...