QSP/BTC - Thanks Elliot, last bullish wave comingAfter last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Last night's outbreak also proves to be a good second wave in Elliot's theory, given that the bullish move was nearly 100% verticle.
Target towards 5500 but this is a very hard assumption to make.
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Qsp
QSP/BTC - Flag for bullish moveQSP/BTC has gone up around 15% in the last 24h, but it seems the fun is not yet over. There is a dominant flag with perfect bullish outway for another outbreak until early morning GMT time. Buy in the next hour as we will see a downward move before the indicators are in our favor. CCI will move below 0 during that move and trend line will go over the actual price, which we have seen before all bullish moves! I suggest a stop-limit around 5000.
*Binance is a growing exchange that is user friendly and does not require documentation if you trade less than 2BTCs. As it has just been launched it has reduced the trading fees to 0.5% if you have a small number of their coin ( BNB -0.35% -0.35% ) in your wallet. Registration is recommended and using my referral link is highly appreciated: www.binance.com
*You are the decision maker in your trading, I cannot be held responsible for your losses
QSP/BTC - Medium-term SellQSP/BTC has had 3 strong upward movements and is not on its way into a correction. Recommended sell asap or in the next upward movement during the correction, and buy back at lows at the end of today or tomorrow.
*Please comment on my chart and assumptions as I am always open to learning from feedback!
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*You are the decision maker in your trading, I cannot be held responsible for your losses.
QSP bull run continues onward and upward!QSP is a solid project and with little to no news has managed to reach an ATH time and time again this week. I expect QSP to hit $1USD in the next 2 weeks, then $2USD the following 2 months, followed by a strong upward trend to $10USD across the next 6 months to 1 year.
Quantstamp on its way to a new ATHHello traders, I hope everyone had a nice New Year's Eve. Found another gorgeous setup like my last post TRX.
Quantstamp is in a nice uptrend and and is offering a good setup for its next ATH.
Because the RSI is slightly overbought I expect a little cool down between 12h-36h.
Safe entry with confirmed breakout: 3000 sats
Ideal entry for maximum %: 0.786 Fib support around 2250-2400 sats
Happy New Years and trade safe!
$QSP Quantstamp UpdateSo the breakout went according to plan. Next target is 4k sats. This would put them at a 370 million market cap or around place 50 on CMC. This seems reasonable as it is the only project that secures smart contracts
Quantstamp (QSP) has broken out on decent volume.Quantstamp (QSP) was showing strength all day today in the face of a weak crypto market. It broke over resistance and retested support. (4 hour chart) Volume was also decent. I think QSP will make a nice move over the next few months.
Quantstamp (QSP) has broken out on decent volume. Quantstamp (QSP) has broken out on decent volume. It has then come back and tested support. (old resistance now support)
I like that it was showing strength relative to the weakness we say in the market today. May be ready to move over the next month.
$QSP Quantstamp TradeAnother new and good project on binance. It's for securing smart contracts, definitely worth a look.