QLC has underperformed these days. RSI oversold on 1h, 4h, 1D. Currently on resistance line. Don't get me wrong. these could drop. depends on btc movement. Still. AMA is closing near. Goals are marked. Trade safely
💎Technical Analysis Summary💎
BINANCE: QLCBTC
-QLC Chain tested a key level of support twice
-This is a good sign of strength in the short term
-The only Bullish price action we need to see now
-Is to break above the local resistance around 168 sat
-If everything goes well, the upside target is up to 200s sat or higher
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QLC/BTC
-QLC Chain is trading at the key support area
-This is a confluence of the previous resistance zone
-If QLC can maintain this level for the next 5-7 days
-The chances of upside continuation will be restored
-Take note of the upward trendline of support
-This needs to hold also to sustain a strong upside projection
-Bearish side, daily candle close below...
#QLC/ BTC Profit Overview:-
#QLC/ BTC now Above Resistance level 160 Satoshi and Current price is 175 Satoshi and went upto 178 Satoshi.
Hope you all bought at
1st Entry was :- 118-120
2nd Entry was :- 125-130 Satoshi
Now 54% + 40% Profit.
Keep an eye on Out Target Zone.
Now..?
If #QLC price hold Above 172 Satoshi then i will Strongly bullish and My Target...
#QLC/ BTC Profit Overview:-
#QLC/ BTC now Above Resistance level 140 Satoshi and Current price is 162 Satoshi.
Hope you all bought at 120-130 Satoshi
Now 42% Profit.
Keep an eye on Out Target Zone.
Support:- 125/110 Satoshi
Resistance:- 140/180/208 Satoshi
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#QLC/BTC Overview:-
#QLC/BTC now Above Resistance level 140 Satoshi.
Close above then Free way towards 180 Satoshi and 220 Satoshi
Hope you all bought at 120 Satoshi
Support:- 125/110 Satoshi
Resistance:- 140/180/208 Satoshi
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Thank you.
QLC/BTC
QLC just broke the downward trendline resistance and found support at around 120 sats
which was the previous swing low of Aug 2019 trading action. If this breakout continues to trend higher.
Our upside target is up to 205 sats and has a stop-loss below 120 sats.
QLC/BTC
QLC is forming a bullish descending channel and the price is currently trying to break outside the trend-line resistance
if the next day candle closes bullish with increasing bullish volume.
We could expect a potential breakout of this pattern in the coming days.
Watch out also of the RSI, it is showing the strength of bulls.
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good...
