I've been holding Quantum Resistant Ledger (QRL) for a few days, tracking it waiting for the breakout and it happened taking out the downtrend.
After a strong breakout comes the retrace, and with good volume confirming its strength, we are ready for QRL. Let's take a look at the charts.
Quantum Resistant Ledger (QRLBTC) Trade by Alan Masters
Charts, signals & indicators
- We broke-out on the 18th July and started trading above EMA20 right after that, both very good bullish signals.
- We have a big green candle with good volume on the 22nd July as well. Good volume is good indication of additional bullish action.
- Strong bullish divergence on the MACD.
- The RSI is bullish and the STOCH is well positioned for additional growth.
- The weekly chart also looks pretty good, QRL can have good action soon.
Trade instructions
Buy in: 0.000075 - 0.000082
Next support:
(1) 0.0000697
(2) 0.0000648
(4) 0.0000618
Note: Use "Buy in" and "Next support" to buy into this trade.
Quantum Resistant Ledger (QRL) Targets by Alan Masters:
(1) 0.0000851
(2) 0.0000982
(3) 0.0001198
(4) 0.0001508
(5) 0.0001770
(6) 0.0002000
Stop loss: Close weekly below 0.000061
Capital allocation: 5%
Time frame: 2-8 weeks.
MOVE ON, LIFE GOES ON
Flowing with life is pretty simple.
Following the universe can be great.
Taking a step in the right direction can happen.
You just have to learn when to accept change.
So if what you think you want can't happen.
More new opportunities will come your way.
But that old idea of yours which isn't working, yet you insist in so much...
When it gets really hard, impossible, it is message that is wrong, so...
Just MOVE ON, LIFE GOES ON!
Namaste.