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:
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