This is a continued idea off our original QSP buy at .018 price failed at .025 cents and I am looking to re-enter at the floor zone.
Entry 1: .00013456
Entry 2: .00013050
Entry 3: .00012750
QSP/ETH (0.00021087 right now) following expectations :
1) Target Fib 100% at 0.00025815 (scale 1/3rd of your bag between 25000 and 25400) ==> +18.6%
2) Target Fib 161.8% at 0.00029666 (scale 1/3rd of your bag between 28800 and 29200) ==> +36.6%
3) Target Fib 261.8% at 0.00035898 (scale 1/3rd of your bag between 34000 and 34400) ==> +61.2%
Here is how I see QSP playing out in the next few days. If we take the traditional patterns of QSP of shooting up, moving sideways, and then shooting up again, well, we can see that this will probably happen again especially considering the price movements of ETH. As you can see, our golden cross at .000243 allowed QSP to blow right past all resistence levels,...
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
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...
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...
Note: I'm new here, and this is my first published idea, so thoughts on the below much appreciated!
Larger overall correction cycle (purple ABC) still in play. We have a triangle (blue) closing in on the tip, leaving not much space to play with before a breakout. I think we're around the completion of wave 3 within the larger wave B.
From there, we have two...
Quantstamp (QSP) was showing strength all day today in the face of a weak crypto market. It broke over resistance and retested support. (4 hour chart) Volume was also decent. I think QSP will make a nice move over the next few months.
Quantstamp (QSP) has broken out on decent volume. It has then come back and tested support. (old resistance now support)
I like that it was showing strength relative to the weakness we say in the market today. May be ready to move over the next month.