Ascending triangle forming on QRL. Let's see if we get a bull break. Here is a low risk setup assuming it stays above the ascending trendline. (Not trading advice.) ;)
#QRL / BTC ( Bittrex )
Buy Range : 5600
Stop Loss : below 5360
Target 1 : 6450
Target 2 : 7450
Target 3 : 8300
Pros :
- 1H/4h chart moving averages just crossed
- 1h/4h Candles above moving averages
- Daily RSI pointing up while prices going down, divergency.
- Daily MACD just crossed
- Daily CCI just started to be Green
- Prices are really very low, we could...
$QRL fundamentals are all good for accumulation buys. The only variable is when main exchanges platforms will list the mainnet coin (the coin which is actually mineable through PoW mining).
The actual markets available are based on the ICOish ERC20 tokens released for inital start of the project. Basically consistent price moves and subsequent price...
$QRL landed on ATL bottom level around 5500 satoshis levels and fought for a base.
$QRL fundamentals are all good for accumulation buys. The only variable is when main exchanges platforms will list the mainnet coin (the coin which is actually mineable through PoW mining).
The actual markets available are based on the ICOish ERC20 tokens released for inital start...
Quantum Reistance is not FUTILE!!!
very boring coin, not much activity. However...
backtesting over 3 months --> 7 trades:
5.43% profit
1.22% max drawdown (could be better here)
so a bit of risk with quiet periods giving you ok returns.
For better use of the strategy's time, check out the related ideas below :)
And the... Strategy
Refer to...
I've been holding Quantum Resistant Ledger (QRL) for a few days, tracking it waiting for the breakout and it happened taking out the downtrend.
After a strong breakout comes the retrace, and with good volume confirming its strength, we are ready for QRL. Let's take a look at the charts.
Quantum Resistant Ledger (QRLBTC) Trade by Alan Masters
Charts, signals...
QRLBTC has been aggressively sold near 0.00012 and according to the similar candle patterns seen on the chart, this technically results in a strong sell-off. 1W remains a Descending Triangle (RSI = 43.839, MACD, Highs/Lows, B/BP = 0) looking this time to cross the 0.0000594 December 08, 2017 support. We are shorting here with TP = 0.00004.
Weekly
Looking at our highest timeframe we see price has not broke any uptrend.
the giant is sleeping at 9873 sats. feels like QRL is at the bottom and it will be hard to go down from here.
Daily
When we look at our pattern time frame we can that price is respecting the bearish momentum.
QRL has pierced our major support zone. Stochastic RSI showing...
en.wikipedia.org
you can write to some advisors of QRL team. mb you can confirm necessary information. i'm can't do it. i'm not a high-quality physic. but i will keep an eye with it. without a doubt
7.7 years = x50000
QRLBTC Is getting ready to go higher and maybe even break the previous highs of Feb/March 2018.
QRLBTC is following the up-trend channel and has been respecting it for a while now. I think it will keep respecting it as we see a Elliot Wave making a complete 8 Wave Cycle almost completely within the channel.
Price seems to be testing the Support line but hasn't...
QRL is giving us yet another opportunity!
We have before us QRL and the infamous Black Support Line.
Everytime QRL closed above the Black Support Line in the past, we can see it making it´s journey back to the Target Zone Area.
It has done the same thing a whopping 7x times already!
Is it time to buy? Don´t ask me, ask the chart!
Enjoy folks.
Here we can see the reaction of QRLBTC and the close above the infamous Black Support Line.
Everytime QRL close above the Black Support Line on the Daily, he gets ready for a revisit of the Target Zone Area.
He has done it a whopping 7x Times!
Time to buy? Well don´t ask me, ask the chart!
Enjoy folks.
