We have got QLC with a short term trade opportunity in 1H chart. As it can be seen in the chart, RSI and MACD are neutral, Stochastic RSI is close to oversold area and volume is pretty high. It can make a bull run above to the blue targets in a couple days and it has a market cap of 43 Million USD which is relatively low for a coin listed on Binance in my opinion.
Trade active:
Although it was an unlucky trade at the beginning because of BTC's fast drop, QLC reached 1. target and looks strong for further targets.
Trade active:
2. target has been reached, seems to be moving for further targets after the retrace.
Trade active:
QLC reached our 3. target, trading is still active for the final target.
Trade closed: target reached:
All targets reached, I hope you sold at the targets as everything is plummeting because of BTC at the moment.
Comment:
We hit the targets again and QLC looks stronger this time, you can sell if you haven't before and want to just take profits or hold for longer to get better profits as it is way above the entry of this trade.