QSPBTC 4h chart nicely shaping cup formation in its final stage?
After a massive BTC run demolishing all alt coins now we're back in business.
I created this TA yesterday if I'm not mistaking, but so far so good. I was going to make a buy order at that time but since I am not well familiar with the movement of BTC itself I didn't.
So I noticed when I was looking after some different alt reactions QSP seems to be having a nice cup formation going on. While at the same time I would like to boarder the trend of up and downs in a bigger ascending triangle.
I like these to combinations. I dont know if its right or wrong, but heck why not try. When will the handle formation happen and at what level? I will update when we get closer to this.
So far it seems to be all ok, and this is because I started with the TA after the bull run of BTC.
Hope you enjoy, apart from this crypto being a very interesting one, DYO research I would like to share with you my idea.
Hope you enjoy, please feel free to give some comments and feedback or else I will never be able to evolve :)
PS. I will be placing a new buy order at the bottom of the yellow triangle. I believe this will be last time we get a "cheap" price before Consensus event.
I created this TA yesterday if I'm not mistaking, but so far so good. I was going to make a buy order at that time but since I am not well familiar with the movement of BTC itself I didn't.
So I noticed when I was looking after some different alt reactions QSP seems to be having a nice cup formation going on. While at the same time I would like to boarder the trend of up and downs in a bigger ascending triangle.
I like these to combinations. I dont know if its right or wrong, but heck why not try. When will the handle formation happen and at what level? I will update when we get closer to this.
So far it seems to be all ok, and this is because I started with the TA after the bull run of BTC.
Hope you enjoy, apart from this crypto being a very interesting one, DYO research I would like to share with you my idea.
Hope you enjoy, please feel free to give some comments and feedback or else I will never be able to evolve :)
PS. I will be placing a new buy order at the bottom of the yellow triangle. I believe this will be last time we get a "cheap" price before Consensus event.
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