Steem Chart QFL Base Watch - 27 May 2018 - Base Broken!

in #steem7 years ago (edited)

Hey Steemo's!

steem_bitcoin.jpg

So the last base has been broken but only with a slow sell-off, not a panic sell. The QFL (@quickfingersluc) method really requires a panic sell but in any case we are now below the last base of 0.00036000 by at least 5% which is a safe place to take a "nibble", meaning a very small trade and allow for it to go lower to buy more. I think we can be confident we will return to the base at which time we could sell all for profit or keep the profit in free coins...

Please remember I am not a financial adviser, just watching the QFL method on the BTC/Steem chart to test this method.

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Trading can be tough. A lot of portfolios are getting clobbered right now. Thanks for sharing ways to navigate, @ladycrypto.
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