Long
QLC parallel channel
QLC bounced of lower trendline and showing potential to continue moving upwards despite the fact that it has a lot of resistance above. That is not the most obviouse trade and so I won't be investing more than 5% of my balance into it but I still expect ~25% profit at least in midterm. It has very little time till breakout. Once happen we will see the future =)
As you can see on daily chart price is now at most volume occumulated area. If sellers will let the price through it it will pump.
As you can see on daily chart price is now at most volume occumulated area. If sellers will let the price through it it will pump.
Note
It was a fantastic breakout. Price bounced of channel border and went back but didn't cross the middle line, so we may expect it to continue growing after consolidation.Note
Get ready to rock'n'roll with a new wave of QLC. Bright future ahead and good profits for holders.
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FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
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.