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Belkhayate

Putting long on QSPToday, I put a long position on QSP/BTC just when alt dropped a bit at around 4 pm (GMT +7). Things to be considered are the significant price spike a couple days earlier which drove the price to the tip of the red triangle. Candles move back and forth in the projected triangle. Using Twiggs money flow indicator, I managed to draw upward trend indicating potential breakout in the future. Position also settled with reference to Belkhayate timing. Ichimoku is used for bull confirmation with other indicator; price candles hovering above the cloud and conversion line crosses slightly over base line meaning I have positive expectation for future price. However, the projection may be compromised due to price being just off the triangle in few recent candles. After all, let's hope for the best! Timeframe used: 45 mins. Comments are welcome though :)
QLong
by istifajar.he
1