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.
$OXT had a great big run up, now its time for the pullbacks. A healthy base was formed so I would feel comfortable to play this base break and get me some free coins!
A surprise base break early this am for NEXO, maybe a whale sold off but every sell order was snatched up and the buyers absorbed it all. I bought in at my target spot, looking for a juicy bounce back to base and then some.
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.