Looks like BTC is making a second Elliot Wave up after the previous 8 Wave Cycle and may even be pushing higher than the $10K mark. RSI and MACD both look ready to support this and price keeps respecting the up-trend channel but keeps testing it.
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...
What we see happening here is a small correction with the Elliot Wave (12345) and some support building. The green box shows the $9,300 to $9,520 support area.
Elliott Wave (5) combined with the Red hard support line and the golden $9000 small psychological support line will only make the previous support stronger. After that I expect there will be a upward...