Being a noob I am publishing this Idea for learning only.
Goodday, my BNB bot doubled up on QLC. Now average down 34.5%. Looking at the intro video it seems they have a wallet and in the 90 second video. You can download the app in google store, it scores 4.2 out of 5. 241 comments. It is a decentralized mobile network with smart contacts. Same like my yesterday review I don't see too much good in this. But this is my 5 minuts analize only.
Stats: 24.86 K twitter followers. on their posts I see mixed respons from shitcoin to great. Something inside me says trolls...The platform is NEO based
11849 telegram members now 500 online.. Oke, that is something.. active talks are going on... Mainnet launced 1st april
Taking this in considderation I am neutral. Can anyone do some more research?
QLC got a nice pump going to mainnet launch and dumped right befor that.
Looking at the charts versus BTC I do not see anything in my knowledge. I don't see a pattern. Maybe only that there is some support 10% lower from now. Another patern is that QLC does rise after a dump. But I do not see it making up my 35% loss.
Looking at the daily fib levels: From were it went up to were it is now, it has retraced to hell for a 50% loss
One thing I notice also that this coin looks like a pump and dump. With the RSI at 35 it could go lower but looking at previous RSI levels it could be ready for a pump
I it may wel have been that the last pump had to do with the mainnet launch. If you are a gambler you could ladder in arround support which is the prior consolidation level at 640-620 SATS with stoploss at 610.
outlined is the profit after a dump.. being 7 to 12%.. So laddering in could bring maybe 10% and I would jump out right away with 10%. With my basic TA knowledge and following this analizes I should sell my position at arround 700 sats for a big loss...
Any comment? since I am not a pro at all (yet)
Goodday, my BNB bot doubled up on QLC. Now average down 34.5%. Looking at the intro video it seems they have a wallet and in the 90 second video. You can download the app in google store, it scores 4.2 out of 5. 241 comments. It is a decentralized mobile network with smart contacts. Same like my yesterday review I don't see too much good in this. But this is my 5 minuts analize only.
Stats: 24.86 K twitter followers. on their posts I see mixed respons from shitcoin to great. Something inside me says trolls...The platform is NEO based
11849 telegram members now 500 online.. Oke, that is something.. active talks are going on... Mainnet launced 1st april
Taking this in considderation I am neutral. Can anyone do some more research?
QLC got a nice pump going to mainnet launch and dumped right befor that.
Looking at the charts versus BTC I do not see anything in my knowledge. I don't see a pattern. Maybe only that there is some support 10% lower from now. Another patern is that QLC does rise after a dump. But I do not see it making up my 35% loss.
Looking at the daily fib levels: From were it went up to were it is now, it has retraced to hell for a 50% loss
One thing I notice also that this coin looks like a pump and dump. With the RSI at 35 it could go lower but looking at previous RSI levels it could be ready for a pump
I it may wel have been that the last pump had to do with the mainnet launch. If you are a gambler you could ladder in arround support which is the prior consolidation level at 640-620 SATS with stoploss at 610.
outlined is the profit after a dump.. being 7 to 12%.. So laddering in could bring maybe 10% and I would jump out right away with 10%. With my basic TA knowledge and following this analizes I should sell my position at arround 700 sats for a big loss...
Any comment? since I am not a pro at all (yet)