CryptoKraze Technical Analysis
Possibility on 1 Hour Chart
If you look at 1 Hour chart, you will see Quantstamp has made an impulsive move and now it is forming bullish flag. This is very common pattern in cryptocurrencies, whenever a coin breaks with big impulsive move, it pulls back and waits 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 close to 50 level now, so we have a pull back done and next impulsive move is ready.
- I have a buy entry at 0.000003500 with my profit target around 0.00004750 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.
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very nice post,
restemeed and upvote!!
okey up.
Great post I have just followed you follow me as well thanks
very helpful, thank you for shared @cryptokraze
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Thanks for the technical analysis
I think quantstamp is a good buy in this condition at 3500 when whole market is down.By making 40 to 50 percent profit from this coin like almost at 4600 satoshi or above as also you explained in the chart.Good profit margin is going to happen when market is stable