SUMMARY
QuantStamp (QSP) could be extending an invitation to cast your buy ladders. It should complete the requisite a,b,c,d,e of the triangle consolidation. Yes, altcoins just LOOOOVVVE triangle patterns. Once the e wave is complete, Elliott Waves should take the price to 7,555 Satoshi or higher!! The Cup & Handle pattern is quite clear and represents a very bullish scenario.
Since the pattern and form of the QSP/ETH is very similar to the QSP/BTC pair's; there is little difference in sentiment between the buyers of each. In fact, it really doesn't matter if you buy to the /BTC or /ETH pair since common sentiment will output similar price direction.....UP! The target is 0.0007840 ETH.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**