QRLBTC is getting ready to go higher
QRLBTC Is getting ready to go higher and maybe even break the previous highs of Feb/March 2018.
QRLBTC is following the up-trend channel and has been respecting it for a while now. I think it will keep respecting it as we see a Elliot Wave making a complete 8 Wave Cycle almost completely within the channel.
Price seems to be testing the Support line but hasn't successfully broken it. Resistance was broken at the top of the Elliot Wave but quickly fell through it. This made the Resistance line stronger and makes me think it will act as a support later on.
QRLBTC is following the up-trend channel and has been respecting it for a while now. I think it will keep respecting it as we see a Elliot Wave making a complete 8 Wave Cycle almost completely within the channel.
Price seems to be testing the Support line but hasn't successfully broken it. Resistance was broken at the top of the Elliot Wave but quickly fell through it. This made the Resistance line stronger and makes me think it will act as a support later on.