Steem Chart QFL Base Watch - 23 May 2018 - Update - Trading in the Now!

Hi Steemo's!

So just as I left the chart for a few hours there was a major pump of BTC/Steem from the current base! Great if you have been accumulating free Steem using this method, but not so great if you were waiting for a break of that last base at 0.00036000.

I think this is a good opportunity for me to explain something about the QFL system. This is that we do not predict the future. So when I said in my last post that "according to the QFL method we are not in a safe buy zone at the moment" and it was just at the base of that major pump, that is exactly what I meant... "according to the QFL method". Some traders would have seen the breakout and taken that, but that is another system and here I am concentrating on QFL.

So what happens now? We will let the chart figure that out and when we have a new good base or we break the current base, I will update as soon as I can!

So here's a look at the current state of things. As you see I've marked the time of my last post. Was I right or was I wrong? Yes and no because that depends what system you are following. Also please follow @quickfingersluc as everything I have learnt is from his videos which speak for themselves....