Well, looking at the 3D chart, the RSI just moved from under 30 to right above it, which is a pretty bullish signal. The Stoch RSI just made a bullish cross to the upside, so lets just wait for it to go above 20. The MACD seems to lose downward momentum.
The way I see it, there is a bullflag forming. The 3D chart shows, that the downward move could be over, like I also believe I showed on my last idea on the 1D chart, in which I gave my opinion on what could happen in Mai. But this idea shows more of what can happen in a little longer time period and it is looking good. As long as the mainnet launch is no failure and QKC doesnt live up to its promises and Bitcoin doesnt give us one of its beloved candles of death, which drags every other crypto down with it, the chart looks really nice.
So watch out for a breakout above the channel, dont expect it to simply break through the volume profiles resistance of 879 sats and where the 55 and 100 EMA is at, but if it stays above the channel, it will eventually break above those resistances and make its bull flag thing to, if we measure the price range from the 303 sats low to the last high and copy that range to the possible breakout point of the flag and also use the trend based fibonacci lines, also from the 303 sats low to the last high, starting at the low from now, somewhat a little over 1900 sats at the 1.272 fibonacci line.
Thank you for reading and any type of criticism is welcome, as I am new to publishing charts here.
The way I see it, there is a bullflag forming. The 3D chart shows, that the downward move could be over, like I also believe I showed on my last idea on the 1D chart, in which I gave my opinion on what could happen in Mai. But this idea shows more of what can happen in a little longer time period and it is looking good. As long as the mainnet launch is no failure and QKC doesnt live up to its promises and Bitcoin doesnt give us one of its beloved candles of death, which drags every other crypto down with it, the chart looks really nice.
So watch out for a breakout above the channel, dont expect it to simply break through the volume profiles resistance of 879 sats and where the 55 and 100 EMA is at, but if it stays above the channel, it will eventually break above those resistances and make its bull flag thing to, if we measure the price range from the 303 sats low to the last high and copy that range to the possible breakout point of the flag and also use the trend based fibonacci lines, also from the 303 sats low to the last high, starting at the low from now, somewhat a little over 1900 sats at the 1.272 fibonacci line.
Thank you for reading and any type of criticism is welcome, as I am new to publishing charts here.
Comment:
I mean, as long as QKC "does" live up to its promises, not "doesnt".