Here we have a huge IH&S on QSP/BTC. I have had a phenomenal success rate with this pattern. Currently at the range low, fantastic buy for a mid/long-term swing trade. Project looks to be good with some solid backings from reputable companies.
QspBtc has not moved so far but i think its time for it to show strength.
This is a weekly analysis. Market is at horizontal weekly support and IChimoku base line and conversion line support as well.
The Rsi is at 50 which means that it still has not lost the bullish momentum that it gathered before.
50 percent Fib retracement is already done and .618 fib level...
Daily chart opinion on QSP.
Untill now the chart pattern is respected.
After a bearish RSI signal the price felt to
a previous support.
In this bull run this can go at least 3-5x, good project with excellent team.
Do some research on them.
There is an interesting formation on QSPBTC.
Ascending triangle on bullish trend on 1h timeframe.
According to Elliott Waves theory Wave D is done and now the price is heading to Wave E.
Follow the chart and look for the breakout carefully.
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