Long
QSP forecast
QSP Is currently in Descending Regression mode, Completely range bound. A break above 0.00004480 is very bullish
for QSP for further gains. In case it does not pick buying momentum than we can easily see the price going back towards
the 50%-61.2% correction before it goes back up. If you are not in the trade already than I would recommend to wait and see
which direction is it headed too. A break down can give you a good entry point to hold and go long and a break above can
give you the sign that it has picked momentum and you can expect good short to medium term gains ahead. but taking a position while its range bound can sometimes get your investment stuck if it starts to go side ways.
I am medium to long term bullish for QSP and expect to get at least 2x-3x gains in the coming quarters.
for QSP for further gains. In case it does not pick buying momentum than we can easily see the price going back towards
the 50%-61.2% correction before it goes back up. If you are not in the trade already than I would recommend to wait and see
which direction is it headed too. A break down can give you a good entry point to hold and go long and a break above can
give you the sign that it has picked momentum and you can expect good short to medium term gains ahead. but taking a position while its range bound can sometimes get your investment stuck if it starts to go side ways.
I am medium to long term bullish for QSP and expect to get at least 2x-3x gains in the coming quarters.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.