Extention targets much more reasonable than 1 to 1 seeing the 1st move. The 1st wave hit 2.618 and 4.618.... retraced to the 382.... the 1-2 move here of the 3rd wave is matching up well for a big move
Quantstamp is a project I am partial to as I participated in the ICO and as of now, it is still a unique offering in the crypto space. What they offer is a decentralized and automated way of performing audits of smart contracts. They have already audited a number of projects on Ethereum and apparently have an upcoming ICO audit on the EOS platform as well as the...
Quick Trade
QSP has broke out of it's symmetrical triangle formation.
Entry point is around now 0.00001890
Resistance
Fib 0.5 (0.00001952)
Fib 0.618(0.0000201)
Fib 0.786(0.00002119)
expecting the breakout to reach about Fib 1.272 (0.00002403)
Set your sells for a bit below these points of resistance to take profit.
Stop loss around 0.00001800
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...
