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QLC Chain Chart Analysis + 230% & 388% Targets Mapped
Long
QLC Chain Chart Analysis + 230% & 388% Targets Mapped
By AlanSantana
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Nov 9, 2020
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Nov 9, 2020
QLC Chain (QLCBTC) hit a lower low which is also a bullish signal for us.
A higher low is bullish because the uptrend can continue...
A lower low is bullish because the stop-losses has been triggered, weak hands are gone, 100% of gains removed means that prices can now grow.
We have two strong signals coming out of the MACD.
The bullish divergence with QLCBTC and the bullish cross circled in green.
Additional details on the chart.
Namaste.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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