BQXBTC Good day to all.
50 MA crossed 200 MA down, it is possible to continue falling.
From the level of 24200 there may be a slight rebound of the price to 27,200 satoshi, but the drop is likely to continue. Strong resistance levels are not visible. Theoretically, the level of 21,400 satos can become reversal after lateral movement, but purchases at this level should be done very carefully. Stronger support levels are very far away. Stop loss is mandatory.
Trade only if there is a trading chart and take risks into account.
Good luck.
Bqx
Bargain BqxAlways got my eye out for a bargain and theres's been an 80% drop here - The price has to hold support of the 8x1 Gann fib ray - Resistance on the fibs and coloured fib rays
BQX/BTC (Ethos)Buy if it breaks the horizontal resistance then finds support above it. If it does break horizontal resistance then it will probably find that 200MA (white line) as short term resistance before re-testing the horizontal line as support. This would be the time to buy. Then put a tight stop loss a few percent under the aforementioned horizontal resistance line. If you don't know where to put a stop-loss and have a greater 'pain tolerance' then you can simply sell if it loses shorter term MA support.
BQX (Ethos) looks good - Amazing uptrend channel
- WTO is at the bottom
- RSI shows it can bounce from here
- SRSI is oversold
WOW - green things on the chart ?NEO, ETH, PIVX, XZC, VEN, BQX, BCH, BTC if you ever wanted to make an index of names in the crypto space now seems to be a
good time, atleast you have levels here that are good, compared to the last 6 months.
Selling trading idea on BQX/BTC I am seeing a bearish M-pattern in the latest spikes of BQX/BTC. This could mean a possible downtrend in the short term. Besides that, I can see a possible breakdown line at around 0.00033850 BTC. As you can see the volume is still very high, so that's not a good breakout sign either. Furthermore, it has had its natural correction, but BQX still hasn't retraced to the perfect buy zone on the Fibonacci Retracement. The product developers of BQX (Ethos) does not seem to have any short term announcements, so I wouldn't expect a short term price spike.
With that being said I am looking at the following targets.
I am selling if it crosses: 0.00033850
New support: 0.00026657
This is my first uploaded technical analysis so let me know what you think! Negative and positive feedback is always very welcome.
BITQUENCE (BQX/BTC) - BUY ZONE= ELEMONT FX =
Analysis:
- Bitquence is correcting further down after breaking below support
- We expect price to continue retracing towards the major support level (blue zone, 31,000 – 33,000)
- Here we will be looking for the oscillator to turn upwards and a bullish reversal pattern
- This would confirm the uptrend is still in play
- Break of 42,000 resistance should see a big run
Targets
1. 36,500
2. 39,000
3. 42,000
4. 44,500
BQX Signal, Reentry from last signal!We can see that both targets were hit during my last signal on bqx, we're resting at support one more time. From the circled candle wicks we can see that sellers fail to close below the line.
We can use this as our entry point and aim for the green target lines. Closing below the line would mean cutting losses.
-----
This will be added onto my Tradingview results spreadsheet once it has been given time to move (usually 1 week)
Currently about ~90% of my signals reach their targets
Please feel free to take a look, Links with proof provided for every signal.
docs.google.com
BITQUENCE (BQX/BTC) - REVERSAL TRADE= ELEMONT FX =
Analysis:
- Bitquence has found support (between 61.8% - 78.6% fibs) after a previous breakout
- Reversal trade using fibs as resistance levels
- We expect price to retest key points of its breakout and then either confirm a continuation higher or lower
- If price closes below support, we expect further short-term downside
Reversal Targets
1. 43,600
2. 45,000
3. 47,250
4. 49,500
Bitquence VS Bitcoin Does Look StrongBitquence starting to look strong after breaking above the downtrend trendline and rejecting the 127.2% Fibonacci support level at 32k satoshis. Price continues to produce higher highs and higher lows while rejecting the uptrend trendline.
All-in-all current price action suggests the continuation of the uptrend. The upside target is seen at 90k satoshis, confirmed by two Fibonacci retracement levels, that could result in a 125% growth from the current price.
On a downside, currently BQX/BTC is undergoing the correction down and it could take some time for the uptrend to resume. The consolidation and even decline towards 30k satoshis area could take place, but only break and close below it would invalidate bullish outlook.
$BQX Ascending Triangle Pattern, Anticipating Breakout With the descending triangle already broken , resistance lies at 41,974 Satoshi ($3.79) . Breakout within the next ten days.
Not to mention a massive volume spike ; highest since initial pump.
Target prices taken from width of ascending triangle:
First Target - 31.8%
Second Target - 63.6%
Third Target - 95.4%
Fourth Target - 127.2%
Target 48254 - LONG - Bounced off 200maBullish from this level. Bounce off the 200ma and still on trend line.
holding well above 78.6% fibs.
Trend line as support. This might be the bottom. #BQX $BQX Trend line as support. This might be the bottom. #BQX $BQX
#BQX #Ethos beautiful Cup and Handle pattern.Nice R:R setup #BQX #Ethos beautiful Cup and Handle pattern.Nice R:R setup
#BQX #ETHOS #BQXBTC look so sexy here. UW comming soon!#BQX #ETHOS #BQXBTC look so sexy here. UW comming soon!
#BQX #Ethos about to going up. #BQXBTC #BitcoinEthos is on his support level between 33500-34500.
The indicators are very good for bounce here.
If not the next possible level seems to be between 32500-33200.
My personaly target is ~44000
*this is not financial advice, only my opinion
BQX (ETHOS): 30 Minute chartPosting this one up but haven't entered yet. Ethos updates on Twitter have been pretty active. Another potential descending broadening wedge (Can you tell I like these yet?). Possible cup and handle, but the cup is pretty ugly to be honest. Regardless, I set a target as if it were one between the black FIBS (pulled from the daily chart) at .5 and .618. I would sell if it broke above the .5 FIB most likely. If I were to enter now, It could be a 25-35% profit if it plays out. Would really like to see a volume spike, as usual.
Take a look at RSI and MACD. RSI is in an ascending triangle and seems supported right now. MACD is below the histogram, but the lines have crossed over after being underwater for quite a bit of time. I would like to see the EMAs cross over the 55 EMA on the 30 for more confirmation.
ETHOS - Buy Opportunity - 60% ROI - 9:1 Risk/RewardReason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone:
Valid break-out pattern with a clear consolidation zone
Consolidation occurring at the upper trend line of the larger break out pattern
Smaller time frame break outs have reached target = trend continuation
High return on investment (60%) with 9:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
ETHOS (BQX) BREAKOUT SYMMETRICAL TRIANGLEwww.google.hr
Symmetrical triangle.
Breakout gonna happen very soon.
Universal wallet coming soon too !
BQX is forming a rounding bottomIt looks like BQX is forming a rounding bottom with two possible trending scenarios.
L1 I believe is more aggressive and less likely however L2 seems more realistic. It looks like we are at the bottom of the curve and its a long term hold, possibly 3-4 weeks.
I am bullish with this coin because the RSI on 1 day is above 60 and the volume is also high, indicating positive uptrend.
