شراء

QSPBTC looking good

تم تحديثه
Lots of good looking signals here:
*MA convergence
*Ascending triangle (with a few recent swing fails below it, most recently a loss and reclaim of the 100MA IF today's candle closes above it)
*Some very good looking gaps above immediate resistance
*Stoch reset and potential bull cross (RSI is not shown but at decision point, hovering at 50)
*Volume spike yesterday (need to see more though)


Two ways to play it:
1. Enter in the 130s and look for a push above the MA convergence (more aggressive)
2. Enter on a confirmed retest of the main resistance and/or 200 MA (more conservative)

I'm building a position which will be invalid on a close below and bearish retest/rejection of 120. It might take a while to show its hand.

Targets:
*160
*199
*252
*387
I'll be re-assessing at each target and watching BTC to escape the trade if needs be.

A closer look at the MA convergence on the daily: لقطة

ملاحظة
It's moving very slowly. Sitting and waiting patiently in a half position for now.

We have the bull cross on the stoch, now it needs to follow through with a push upwards.

Beginning to wonder if it'll play out but invalidation is clear through one or all of these:
Confirmed loss of diagonal support
No reclaim of the 100MA in the coming few days, which may happen when the 100 and 200 MAs cross in a few days, anticipated direction in dotted on the chart below.

لقطة
ملاحظة
Stopped out on the BTC move yesterday, but haven't been loving this one for a while in any case.

It's now lost ascending support and the 100 and 200 MAs.

Maybe come back another day.
Chart PatternsCryptocurrencyTechnical IndicatorsqspQSPBTCquantstampquantstampbtcTrend Analysis

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