QLC channel in 100%increments.Operation similar to MANA,BAT,DOGE
Updated
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, small capitalization and Binance exchange can well disperse the price.
Capitalization:
$ 9,751,799 USD
1,163 BTC
736 780 NEO
Volume (24 hours):
$ 2,898,412 USD 345.65 BTC 218,984 NEO
Circulation supply:
240,000,000 QLC
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, small capitalization and Binance exchange can well disperse the price.
Capitalization:
$ 9,751,799 USD
1,163 BTC
736 780 NEO
Volume (24 hours):
$ 2,898,412 USD 345.65 BTC 218,984 NEO
Circulation supply:
240,000,000 QLC
Trade closed: stop reached
The horizontal channel of accumulation is broken by the price. Exit stop loss.
Reverse entry in the near future to the coin only when returning to the channel of accumulation
Trade active
QLC may be at the very bottom, and the trend will be a turning point - the formation of a rising ascendant saucer. +170%
On the downward chart is the “saucer figure”.
Growth goals and where to put Stop Loss in case of non-confirmation the formation of a figure on the chart.
1) Descent of the price. It is characterized by a gradual slowdown in movement and falling prices;
2) Bottom - the bottom point of prices on the chart. It should be located on a gentle bottom (smooth bottom, without peaks). The center of the figure.
3) Ascending prices. Ideally, the graph is symmetrical to the descent. It is characterized by a gradual acceleration in price growth. When climbing the price, be sure to increase the volume indicators (to confirm the formation of the figure). The time of formation of the climb is usually equal to the time of the descent of the price or a little more.
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