Steem Chart QFL Base Watch - 28 May 2018 - 15% Below Base

Hey Steemo's!

steem_bitcoin.jpg

We have definitely fallen well below the last base at 0.00036 and are currently around 15% under. As in my previous post we would have taken a "nibble" (small amount) at around 5% drop. Now, according to the QFL method, we could take a larger position, usually around twice the amount we used at the 5% drop.

Again, we should be ready for a further fall and to buy more if it does. Also, if you look at the consolidation around 0.00034000 that is also a minor base and short term that could be the target.

Here's the chart. We now have a new base at 0.00031:

steem_28.5.jpg

Please remember I am not a financial advisor, simply studying and testing the BTC/Steem chart using the QFL (@quickfingersluc) method.

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