BENQI (QI)

On the above 6-day chart price action has corrected 97%. Now is an excellent long trade. Why?

1) Price action and RSI resistance breakouts.

2) Strong regular bullish divergence.

3) Past resistance confirmed as support.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: don’t know

Trade active:

GRM support confirmed at time of publishing.

Trade active

Comment:

Past resistance confirms support.

Trade active:

When resistance confirms support, it is golden signal.

Will update elsewhere those tokens currently matching this. Generally speaking they are those on the 2-day GRM list from what I can tell. WW has no idea *when* but the probability remains high.