SkyRock Signals

​​#Analysis

#QSP

At the 1-day timeframe chart we can see the price of QSP which was in the down trend for a long time and reached Fib 1 retracement level. Up from this level the price made a bounce and impulsive breakthrough out of the channel has happened due to sudden BTC recovering. Moreover the price penetrated and moved out of the red Ichimoku clouds zone. Now Ichi acts like a strong support so the price won't consolidate down after the recent growth. We expect a small consolidation to our buying zone and trend reverse according to EMA (20, 40, 55). Indicators are bullish and trade volume grows, while Stoch RSI remains neutral

We recommend this coin in the medium term, this signal was posted in the Premium channel only, so no free targets are available and you bear all the risks linked to self trading. Stay tuned!

Sincerely,

SkyRock Signals team