QSPBTC
$QSP just did not start yet #cryptocurrency #quantsamp #bitcoinI like to look at coins like QSP on a daily chart. That tells me how far it might grow.
QSP The most Bullish 1-2 moves I have seen this monthExtention targets much more reasonable than 1 to 1 seeing the 1st move. The 1st wave hit 2.618 and 4.618.... retraced to the 382.... the 1-2 move here of the 3rd wave is matching up well for a big move
QSP - Quantstamp Longterm WinnerQuantstamp is a project I am partial to as I participated in the ICO and as of now, it is still a unique offering in the crypto space. What they offer is a decentralized and automated way of performing audits of smart contracts. They have already audited a number of projects on Ethereum and apparently have an upcoming ICO audit on the EOS platform as well as the protocol is blockchain agnostic. Some new hires, including former VISA general counsel, and continuing development bode well for the future of this token. At a certain point, when the mainnet goes live, validator nodes may act in a similar manner as masternodes to perform the automated audits by running the QSP software. Details for this are still TBD, but from the whitepaper, we do know that validator nodes will be a part of the audit process.
Chart wise things are looking positive:
1. We have a nice breakout from the downtrend and base formed around 1400 sats
2. Price has now broken into the cloud and is testing the .236 fib resistance. If price closes in the cloud, I can see a good edge to edge trade set up set up on the way to the .382 fib
3. RSI is bullish and still has room to grow before topping out
4. Weak bullish TK cross is imminent
5. I am not an Elliot Wave expert, but it appears we have completed the initial 5 wave move out of the base (wave 1) and are now entering the larger wave 3
I personally am not trading this token, more accumulating and holding long terms as I do believe in the future of the project.
QSO bullish breakoutQuick Trade
QSP has broke out of it's symmetrical triangle formation.
Entry point is around now 0.00001890
Resistance
Fib 0.5 (0.00001952)
Fib 0.618(0.0000201)
Fib 0.786(0.00002119)
expecting the breakout to reach about Fib 1.272 (0.00002403)
Set your sells for a bit below these points of resistance to take profit.
Stop loss around 0.00001800
There is possibility for the beginning of uptrend in QSPBTC. T echnical analysis:
QUANTSTAMP/BITCOIN is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 38.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.0000156 to 0.0000099), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000156)
Ending of entry zone (0.0000099)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000021
TP2= @ 0.000025
TP3= @ 0.000030
TP4= @ 0.000035
TP5= @ 0.000039
TP6= @ 0.000047
TP7= @ 0.000054
TP8= Free
QSPBTC , weekly update:Total profit 2072 in 8 days.!QUANTSTAMP/BITCOIN
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.0000156 to 0.0000099), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000156)
Ending of entry zone (0.0000099)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00001575(day close price) based on reversal candle (Trough) at 04.03.2018.
Total Profit: 2072
Closed trade(s): 525 Profit
Open trade(s): 1547 Profit
Closed Profit:
TP1 @ 0.00002100 touched at 04.11.2018 with 525 Profit.
Open Profit:
Profit for one trade is 0.00001796(current price) -0.00001575(open price) = 221
5 trade(s) still open, therefore total profit for open trade(s) is 221 x 7 = 1547
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000025
TP3= @ 0.000030
TP4= @ 0.000035
TP5= @ 0.000039
TP6= @ 0.000047
TP7= @ 0.000054
TP8= Free
Technical analysis:
Quantstamp/Bitcoin is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 56.
Quantstamp ($QSP)Quantstamp has left the accumulation zone
Target: 2200 / 2900 / 3400 / 3870 / 4450 / 5400
QSP Breaking out DowntrendQSP Strong volume on Binance.
It will Break out very soon . Chart is very bullish.
6000 satoshi in coming. :)
QSP breaking out ahead of Y Combinator Demo?QSP is consolidating forward.
Bullish MACD divergence.
Though I would like to see the RSI drop and clear movement above the cloud, with the Y Combinator demo ahead on March 19th, I expect the macros and fundamentals to drive it out of this trend.
QuantumStamp VS Bitcoin Upcoming ReversalQuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis.
At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI oscillator formed a bullish divergence, followed by the break above the downtrend trendline.
Such price action suggests the end of correction and potential continuation of a long-term uptrend.
QSPBTC needs momentum before Y Combinator DemoQSPBTC needs momentum before Y Combinator Demo on 19 March 2018. Otherwise, the news will be sold.
$QSP looks very sweet $IOTA #ripple #cryptocurrency #altcoinsThis would dip more and I will be still waiting there :)