Long
QSP LONG
Huge falling wedge formed the past 3 months on the QP chart. Will wait for a break out and RETEST of the resistance line to see if it turns to sufficient support. If it does I go long there and the targets are just the fibonacci lines. QSP has great fundamentals also, making it a low risk trade.
Nota
Note: bullish divergence on the RSINota
Also a small descending triangle within the wedgeNota
Broke out of the descending triangle with volume and now attempting to break out of the falling wedgeNota
Rejected by the upper trend line. Short term resistance's shown in the fibonacciNota
Flew out of the falling wedge, looking to use the top of the wedge as support and then reaching the first target at 2246 satoshis.Nota
1809 support holding strong expect a retest of the 1915 level, and we can also see a bull flag forming. Waiting for a confirmed break of 1915 before going long as I expect to fly to 2200 satoshisNota
Last update for this idea. Watch the resistance and supports, rebuy at support and take profits at resistances. Also watch bitcoin's movement because it has the power to crash the whole market.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.