This chart displays exactly how the QFL strategy works. Identify what QFL calls a base: an argument, a surprise crack, and then a bounce back to the base. No one expected Sunday's panic dip sell, so all the buyers brought back up the price quickly. In this case a 20% swing from the bottom. Unfortunately, my buys were shy of entry. But that's just it! You cannot...
If this buyer support level breaks, I will start layering in just under .90 which is about a 6% drop from the support base. If the much larger .80 support is broken, panic selling will happen and I will layer in deeper. #QFLtrading #QFLstrategy #cryptotrading
Buyers defending the run up from 27s to low 30s as a new base forms on the LINK chart. I would start nibbling below this base, but the juicy buys won't occur until it goes below the larger base in the 27s. That is where I would start layering in heavily. But a nice little base break at the new base would be appreciated.
Last night the price bounced right off that strong base support, buyers fiercely supporting that level. If that level were to break, it would be game on for panic dropping and buying those panics. I don't foresee a drop like that to happen for a couple of days now since it bounced so nicely. Base confirmed. QFL Trading Strategy
So much support at 1730s, touched multiple times and bounces right back. Strong base, if it breaks, a nice panic into possible 1600s, where I will be buying.
If ETH breaks its previous support, it could fall hard. It's a great time to put some buy orders staggered below its last base with increasing margin on each trade. Make sure to sell them on the way back up.
What a blessing, BTC is dropping! Massive base breaks everywhere! Now is the time to have balls and make money! Yellow line first break, purple is juicy, red is blood. BTC 3% under solid base, my opinion is it will drop more, but that is predictive not reactive. I would start layering in buys for BTC around the $7k mark.
This could be a big winner! Nibble now under base, purple gets juicy, red is blood. Remember to buy the FUD and sell the FOMO.
Begin nibbling as ADA is under one hour base break (yellow). Purple line is a juicier base break and a buy. Red is blood. Make sure to not buy in too early and follow BTC actions closely!