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QLCBTC

How I Made Money On A CUP AND HANDLE Pattern (QLCBTC)Dear Friends :) This is an educational post about the Cup and Handle pattern. I have noticed, that many people tend to misinterpret how it works. This is from an actual trade I made yesterday, which I made a bit of money on. Normally we want the following for a Cup and Handle Pattern to be valid: 1. We want the cup to be an U-shape and not V-shape. Check! 2. We want the cup not to be too deep and the same with the handle. Check! 3. We want low volume on the handle. NOT check! 4. It is usually a continuation pattern, which means, that we normally want to be in a prior uptrend when it occurs. Check! So as you can see, that we come from a prior uptrend, its a pretty nice U shape, not deep, the same with the handle, a steep downtrend on the handle. So everything except the big volume (brown circle) made this valid. So even though everything doesn't match 100 percent you can still enter a trade, if let's say other indicators also shows positive signs. Determine Targets A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. In this case I used Elliott Wave theory to determine it though. Please leave a LIKE for this educational post! Thank you so much, my friend :) D4 Loves You <3
QEducation
by D4rkEnergY
12
QlinkMoving in triangle with break out resistance line. Very good potential NEWS QLINK app WINQ mainnet should be by the end of the month. The team is working day and night to iron out all the issues. Public Chain will be launched by the end of the year. Qlink app Release 1.1.7 Add support to arm64-v8 dynamic library; Highly improve dApp stability; New UI for Crypto Monopoly; Show accumulative asset earnings in wallet; Add wallet auto backup function; Other general bug fix and performance improvements.
QLong
by EXCAVO
5
QLC phase 1! genius idea inside QLINKas a lot of Alts are in the same shape atm I wanted to go on QLC because from the begining this QLINK hardware project is very interesting and a genius way of living the futur in term of technologie. We should see in the days to come what will be the style of QLC on the initial bullrun and if volumes in action will show a noticeable linking on BTC behaviours and so if this coin is then an Alt for the "2018 Sumer Alts Party" !! So I wanted to draw a TA to look closer on this Alt. And simply sharing it to be able to clic "play" in he days to come :) regards
QLong
by Mysticeti
QLCBTC: Possible Short-Term TradeHi guys, QLCBTC looks like it has started it's 5th wave and there is a chance of gains over the next 24-48 hours. It's already hit it's 61.8% retracement and had a nice bounce, but is hovering around the area so may still be a good entry opportunity for a potential 17% profit. Target is around the 2245 - 2281 sats mark. Just need a bit of volume to come in to push this up! I'm still learning so please be sure to leave any comments, feedback, or your thoughts on this. Cheers!
Q
by yiFa87
1
QLC's RingingWill you pick up? Channel - We're conforming well to a nice channel ending in a strong support that just caught a large fall. I think we'll see a breakout from this very soon. Trend Indicators - The RSI is approaching the lower band, very good sign of a breakout. The MACD isn't as useful here are it doesn't really have enough data. I'd laugh if you thought I was a financial adviser. Your money, your problems. If you liked this, I'd love a follow and a like . There you have it! This is a short one and the timeframe is just as short, so I recommend watching this intently for a little while. ~Retro
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by RetroCrypto
2
New coin, New Action Ok here is the coin we done the education on and it has broken out now.. We have limited history on this coin, for a conservative entry we are waiting for the 4H candle to close over the resistance line so we have a tight stop loss. Below is the daily chart showing our support and resistance line and if we close over that resistance line on the 4 hour candle we buy and set stop loss just below the green solid line. Resistance is Green Sold Line. For aggressive investors you would just enter now knowingly the red line is your support and stop loss below. Cash Is King
QLong
by Cash-is-King
15
This will Work For YouA new coin is dropped into the market what to do? how to trade? This is a strategy that I use and it works exceptionally well, new coins are a risk in the market as you can't look at history to perform a thorough technical analysis . To trade you need to find the support and resistance level of your coin first; this is found off the first daily candle to close generally but in this example we have used the first 4H candle. Your resistance is at the top of the body of the first candle and your support is at the bottom. If the next candle closes over your resistance (green line) its a buy or hold if you already owned it and your stop loss then becomes just below this green line as you don't want to take any risks keep it tight being a new chart. Once you close over the green line your green line is your first support. If your holding this coin and the second candle of chart breaks your support (red line) then its a sell. If you break low you then will be looking when to enter the trade.... we enter when the first candle closes back over the red line on the way back up as the red line has then become your resistance and when a candle closes over it this will be your support. We have seen my trades on Storm, Ncash and ONT 0.00% we have all made a fortune on these but we entered at the right time and that was using this exact method. So for future rather then say when should I buy this new coin is it going to the moon, draw this on your screen and work from it and you will succeed. For better results use the first Daily candle to close as your support and resistance rather then the 4H. The reason I have split this chart is you can also see for aggressive investors they can watch the 30 minute time frames and get a gauge of not only the price movements they can see the accumulation indicator to see if this is trending up or down to let them know if its a buy or sell. This is only an indicator though and you still wouldn't enter until we have seen a close below or above your support. You don't trade based on any timeframe shorter then 4H closing over the resistance or below the support in my opinion. BTC -4.47% is moving down, I had spare time and I know loads of people love new coins so I hope this helps you all :) Cash Is King!
QEducation
by Cash-is-King
22