RSI : 34
Volume : Good looking Today
**Falling Wedge creation and on the verge of a break out. Needs to close above the resistance line to confirm a bull run.
Accumulation Area : 388 sats - 450 sats
Target 1 : 498 sats
Target 2 : 554 sats
Target 3 : 613 sats
Mid To Longer Term
Target 1 : 638 sats
Target 2 : 792 sats
Target 3 : 917...
QLC channel in 100% increments. Operation similar to MANA, BAT, DOGE.
A good entry point with a short stop and high take profit. Goals and character of movement on the chart.
For the year, the coin made in the channel 5 times + 80% -120%
Coin for active traders is a gold nugget. Trades on Binance. It has an average trading liquidity.
350 place in koenmarket,...
$QLC Retest of the broken descending trendline is happening on #QLC, potential entry for a long position...
Falling below trendline (or 434sats) should cancel it...
Targets are in chart while first resistance should be last local top at 640sats...
$QLC Gaining momentum, trying to flip resistance at ~565sats with UCTS Buy signal on the daily chart..
Incoming events on May end can act as catalyzer
Both MACD & RSI rising
Breaking descending trendline
Potential 30% movement till next resistance
QLC is in good condition and ready to increase strongly in short-term
Buyzone : buy as close as 470 as possible
Sell Targets : 550 and 650
Stoploss if price is lower than 450 and consider buying around 370
$QLC sitting at ATL BTC support... Previous iterations with this level did good results...
For now there is no consistent evidence of a bounce or reversal of current trend happening, but worth setting up some alerts just in cause volume starts flowing in...
QLC is following Descending Triangle pattern so we will see a breakout point near 710-730. Fibonacci retracement is showing strong signal for 932 (which is previous resistence level.) It will be finishing its retracement soon, so good oppurtunity to buy around 710-730.