Quantum Resistant Ledger is looking good for quick profit | Bullish Flag Pattern Spotted
CryptoKraze here
Possibility on 30 Minutes Chart
If you look at 1 hour chart, you will see Quantum Resistant Ledger has made a big impulsive move and now it has formed a bullish flag. This is very common pattern in crypto currencies, whenever a coin breaks with big impulsive move, it pulls back and wait for some time before making next impulsive move. If we look at RSI, it has gone above 70 level in first impulsive move and has to dip to 50 level now, so we have pull back done and next impulsive move is ready. If we look at bollinger bands, the price has touched upper bands and now it will reach median line and then break above.
- I will have a buy entry at 0.00016000 with my profit target will be around 0.00020000 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.
your predictions are ususally right on point, looks like quantom resistant ledger is set for a break
We are in new bull cycle and I have strategies for bull cycle that work mostly.
I also have strategies for bearish market so I play accordingly.
how do you think about the price of sbd and steem in early 2018 this?
Thanks for the information
so helpful information thanx for sharing <3
Thank you for your valuable chart analysis. Concise, succinct and most useful!
Thanks for sharing your valuable post that so helpful for steemit users 😍
Upvoted and resteemited