BINANCE:QKCBTC breaking and retesting the MA200 on the 12H chart, looking quite bullish from here, expecting continuation of the uptrend.
Target 1: 0.00000056
Target 2: 0.00000063
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QKCBTC - Buy Trade
Today's bullish breakout signals further move higher towards the previous high at 1053 and then target 1450 in the medium term.
Look to buy at 750 with stops below 700.
Cup & Handle reversal pattern formed.
I see that SFP down there (white line), which suggests that stops were taken.
We're now pushing into this bearish orderblock and since we're consolidating inside of it, there's a chance to break it and go for the highs.
The strategy is to enter on the retest of the block only IF it breaks first.
Colors I use for a more organized chart:
15 min -...