QRL/USD Possible breakout, still accumulating...
Updated
BITTREX:QRLUSD
Here we can see that QRL had an accumulation phase (July 15 - October 24) to confirm the new bottom line at 0.000011btc per QRL.
If you zoom in, you can see that the downward line formed, from before pulling up to 0.88$ per QRL, in order to prepare for the BTC pump, is now cracked, so on 240min (4h) chart we can see that QRL is crossing the Ichimoku cloud too, so on the 1DAY chart you can see we have also step in Ichimoku but it still needs more volume in order to get back to 0.3$ per QRL.
The conclusion is that we may see a 100% increase in the QRL / BTC pair in the coming period.
More updates will be in the coming days, as we see how will the market response to these changes...
P.S. There is a great article to check out, try to think from this angle:
medium.com/altcoin-magazine/possible-leakage-of-btc-has-the-quantum-era-started-or-is-this-just-a-coincidence-3692c5483bd5
Here we can see that QRL had an accumulation phase (July 15 - October 24) to confirm the new bottom line at 0.000011btc per QRL.
If you zoom in, you can see that the downward line formed, from before pulling up to 0.88$ per QRL, in order to prepare for the BTC pump, is now cracked, so on 240min (4h) chart we can see that QRL is crossing the Ichimoku cloud too, so on the 1DAY chart you can see we have also step in Ichimoku but it still needs more volume in order to get back to 0.3$ per QRL.
The conclusion is that we may see a 100% increase in the QRL / BTC pair in the coming period.
More updates will be in the coming days, as we see how will the market response to these changes...
P.S. There is a great article to check out, try to think from this angle:
medium.com/altcoin-magazine/possible-leakage-of-btc-has-the-quantum-era-started-or-is-this-just-a-coincidence-3692c5483bd5
Trade closed: target reached
As we saw yesterday, everything has workout very quickly, and the target of 100% increase is reached on the same day after a few hours after this idea popped out.It was perfect timing, and it is a really great market, we saw that most miners are dumping their coins and investors are collecting at the same time. That is good, because we can get out from that situation with concludes that there is a lot of eyes right now on QRL but everyone are trying to buy in stealth mode, and when volatility came in, everyone buting everything they got atm in order book.. :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.