QI/USDT - BENQI: Failure_Swing
Updated
◳◱ We've detected a Failure Swing pattern on the QI / 
USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00556 | 0.00594 | 0.00666 and the major support zones are respectively at 0.00484 | 0.0045 | 0.00378. It is a bullish indication and we may consider buying at the current price zone of 0.0055 and targetting higher levels.
◰◲ General info:
▣ Name: BENQI
▣ Rank: 604
▣ Exchanges: Binance, Kucoin, Mexc, Hitbtc
▣ Category/Sector: Financial - Lending
▣ Overview: BENQI was launched on August 19, 2021, on the Avalanche C-Chain, and as the first recipient of the Avalanche Rush Initiative, received $3 million to be allocated as liquidity incentives for the users. The project is led by Dan Mgbor, who has over seven years of experience in project management, as well as various consultancy roles. BENQI is a Liquidity Market Protocol focused on approachability, ease of use, and low fees.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.0055 ₮
▣ 24HVol: 4,574,476.852 ₮
▣ 24H Chng: -1.961%
▣ 7-Days Chng: 8.59%
▣ 1-Month Chng: 6.61%
▣ 3-Months Chng: -12.80%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00556 | 0.00594 | 0.00666
◢ Support: 0.00484 | 0.0045 | 0.00378
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: NEUTRAL
◲◰ Sharpe Ratios:
▣ Last 30D: -22.15
▣ Last 90D: -21.87
▣ Last 1-Y: -16.11
▣ Last 3-Y: -16.86
◲◰ Volatility:
▣ Last 30D: 0.32
▣ Last 90D: 0.34
▣ Last 1-Y: 0.73
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.77 - V. Bullish
▣ In-depth QIUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00556 | 0.00594 | 0.00666 and the major support zones are respectively at 0.00484 | 0.0045 | 0.00378. It is a bullish indication and we may consider buying at the current price zone of 0.0055 and targetting higher levels.◰◲ General info:
▣ Name: BENQI
▣ Rank: 604
▣ Exchanges: Binance, Kucoin, Mexc, Hitbtc
▣ Category/Sector: Financial - Lending
▣ Overview: BENQI was launched on August 19, 2021, on the Avalanche C-Chain, and as the first recipient of the Avalanche Rush Initiative, received $3 million to be allocated as liquidity incentives for the users. The project is led by Dan Mgbor, who has over seven years of experience in project management, as well as various consultancy roles. BENQI is a Liquidity Market Protocol focused on approachability, ease of use, and low fees.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.0055 ₮
▣ 24HVol: 4,574,476.852 ₮
▣ 24H Chng: -1.961%
▣ 7-Days Chng: 8.59%
▣ 1-Month Chng: 6.61%
▣ 3-Months Chng: -12.80%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00556 | 0.00594 | 0.00666
◢ Support: 0.00484 | 0.0045 | 0.00378
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: NEUTRAL
◲◰ Sharpe Ratios:
▣ Last 30D: -22.15
▣ Last 90D: -21.87
▣ Last 1-Y: -16.11
▣ Last 3-Y: -16.86
◲◰ Volatility:
▣ Last 30D: 0.32
▣ Last 90D: 0.34
▣ Last 1-Y: 0.73
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.77 - V. Bullish
▣ In-depth QIUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade closed: target reached
KuCoin, Binance#QI/USDT All take-profit targets achieved 😎
Profit: 8.8% 📈
Period: 10 Days 5 Hours 35 Minutes ⏰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.