QLC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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Ethereum: 0x9D861961FCF0fC9b86083dF50E60E28AD06F8B1D
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QLCBTC
Daily Bullish Signal #QLC #QLCBTC (18-09)Targets in chart
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QLCBTC is now ready to take off! Another trading opportunityLooking at the QLCBTC on 4 Hr Chart.
Righto lets smash it! After a wek, days and hours of development of falling wedges and head and shoulder, today it is quite clearer now while it kee on disrespectng the TA as those wicks above the candles are quite long, meaning the bear are still in control but tonight the the candles creates higher low and higher high and slowly squeezing into the falling wedge and could potentially reverse uptrend after the Head and Shoulder and might reach the golden pocket as shown on the graph...
Let's do this but always put your stop-loss limit on the support as shown on the graph as well.
QLCBTC Breakout confirmedThe coin was in descending channel, however there was a breakout which has been confirmed today when XABCD Gartley formation appeared. Indicators start to become bullish again, probably the best moment to grab this coin cheap. Accurately follow instructions in the signal.
If the price goes to the stop loss around 0.0000135 then wait till rebound which should happen and sell around buying zone or a bit higher, then you should buy the coin again around 0.0000100
$QLC (Qlink) LevelsImportant levels for $QLC.
also, pay attention to this low RSI.
let me know what do you think about it.
Thanks.
QLC either bounces off minor support or bounce off major supportQLink looks like it's about to break its downtrend and bounce off the minor support (Option 1). There is a risk it does not and in case it doesn't, it will most likely fall and bounce off the major support (Option 2). The major support level is a golden place to buy, but if it bounces off the minor support level, I would buy and hold for 10-20% profit.
Neutral until I see where this is going to go. I will update with a long or short position once I find out.
QLC/BTC MOON , SOON !OK . QLC is going to breakout very soon . this is a good area for buying .after breakout first target is 20 .if it cross the 200 resistance , it will make a double bottom and TP1 will be almost 220 just don't forget to use seat belt :)
buy at : 18
sell at :
200 ( %11 )
220 ( % 22 )
230 ( % 27 )
*** STOP LOSS *** : 175
GOOD LUCK
QLC Double Bottom Trading StragetyNo time for long explanation
Looks like double bottom, possible reversal areas are circled in red.
macd looks bullish in 4hr and daily chart.
Signal posted first on Discord trading group
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QLINK 30% POTENTIAL GAINA little delay in posting:
Looking at the entire chart the obvious pattern is a symmetrical triangle being in play. The bottom of this triangle was tested for the 3rd time on 5/10. This is an important pattern to take into account if debating placing a buy order at this time because it shows minimal risk is at play. Currently price is 1923 and the bottom of the triangle is at 1820 which is approximately 5% risk. To protect against this pattern breaking down, a stop loss would be considered at around 1790. As will be explained below, a new elliot wave sequence started at around 1800 and a complete retracement of wave 1 would invalidate the sequence as well as break the triangle pattern . If that happens, then get out.
The first low and high were rather quick as QLC 0.26% found its range on Binance. Thereafter, we saw a long rounded bottom pattern (or cup n handle) which is drawn out in yellow. The rounded bottom pattern almost reached its full potential for a breakout before being halted by the resistance of the triangle pattern .
The uptrend and breakout of the rounded bottom look to fit the proper measurements of a elliot wave sequence. The first wave had a decent run followed by a 62% retracement which is normal. The third wave failed to eclipse wave 1 by 162% which effects wave 5, wave 3 also had a substantial retracement of 77%. Because Wave 3 did not eclipse wave 1 by 162%, the likely outcomes for wave 5 were 62%, 100% or 162% of the combination of waves 1 and 3. Considering the substantial retracement of wave 3, it makes sense that wave 5 was stunted and only reached 62% of the combination of waves 1 and 3. This lined up perfectly with the resistance of the triangle pattern .
The downtrend following completion of the elliot wave sequence was marked by a head and shoulders reversal comprising uptrend waves 3, 4, 5 and downtrend waves A, B and mid-wave C was the breakout sending it back to the support of the triangle pattern for completion of the downtrend wave sequence on 5/11 at 1820. This is where things get interesting because a similar inverse head and shoulders reversal pattern is the process of completing the right shoulder comprising downtrend waves C, D, E and new uptrend waves 1, 2, and mid-3 is the proposed breakout point at approximately 2175. If this breakout occurs, the potential measures a fit perfect to the resistance of the triangle pattern .
This new uptrend wave sequence recently completed wave 1 followed by a healthy correction of 77% which is normal. If wave 3 triggers the inverse head and shoulders breakout as anticipated at 2175 then it could run straight to the resistance at the top of the triangle pattern where I anticipate it will lose steam and retrace some before wave 5. It just so happens that the top of the triangle pattern is around 162% of wave 1 which is a standard length for a healthy wave 3. If wave 3 is retraced 77% again (like the previous sequence) then wave 5 being measured as 100% of wave 1 would fit perfectly to the resistance of the triangle pattern at which point it would likely reverse again and head back down. However, if a normal healthy wave 3 retracement of only 23% or 38% occurs, then wave 5 could force its way through the resistance of the triangle with a potential for an additional 40% breakout.
MY Plan -
Just bought in at 1923 before writing this explanation. Stop loss for now as indicated at 1790, around 6-7% risk. Will scale.
Target 1 is 2300 - based on wave 3 reaching 100% of wave 1 - sell up to 33% of my order.
Target 2 is 2500 - based on wave 3 reaching 162% of wave 1 and hitting the top of the triangle - sell up to 33% of my order.
If wave 3 stops short or 2500 - flash sell up to 33% of my order during retracement.
Target 3 is 2500 (again) which is based on wave 5 reaching the top of the triangle - sell 50% of what I have left at the time.
Whatever I have left after 2500 is holding out hopes for triangle breakout and unlikely target 4 - 3500.
QLC/BTC Consolidating ChannelLooks like QLC has been consolidating around this little channel between these support levels.
If the candles remain above the 10 EMA and the 25 crosses underneath it to support the 10 then that'll be a good indicator of upwards momentum.
If it breaks resistance expect a move to the upside to test 2300 sats.
Taking a peak at the QLC, on a mission to know Mr. BTC A LivePD look-in in QLC County, Cryptoverse where we see an alt-assault in progress:
"I'm gettin jacked, I'm breakin myself
I can't believe they're taking BTCs wealth
They took my rings, they took my rolex
I looked at the brothas and said "damn, what's next?"
Ahh, yes. Warren G and Nate Dogg, couldn't have said it better! There were many indicators that were signaling the weakening of the Bulls as BTC tried for 10k the second time. Here we are hanging out in the QLC, really being able to glean some important information regarding "altcoin psychology." To understand what's happening, we need to know that QLC is pretty much fully retraced to it's Fib .618 and looks like a fantastic buy opportunity. I had made a buy call to my group at this point, but with the caveat that BTC was in a precarious position, so tread lightly. Prior to BTC second attempt at 10k, QLC was mounting a STRONG push upwards on it's path to build wave (1)...judging by the trend reversal candles and (what are now) dual spinning tops. CAN'T SAY IT WASN'T TRYING!.
"They got guns to my head
I think I'm going down
I can't believe this happened in my home town
If I had wings I would fly"
Unfortunately, QLC, you do not have wings. You also could not shed the weight of BTC and reflected the weakening BTC position by being beaten down from bullish candles to the spinning tops. Predictably, as is the case when BTC moves quickly, QLC followed BTC down when it dropped 300 over an hour.
As we see the short term aftermath, QLC is continuing BTC's predump path, and is on the march again!
The main takeaways are three fold, mostly for the new traders in the arena:
1) Learn Elliot Wave Theory and it's predictive association with Fib Retracement and Fib extension
2) Observe individual Candlesticks! There is a story to be told here!
3) To get free and clear of the BTC variable in the alt coin market, we need market cap to go up and BTC dominance to go down drastically. Unfortunately, BTC still has full control over most alts and must always be constantly charted!
"I'm tweaking
Onto a whole new level
G-Funk
Step to this
I dare ya"
xoxo
GoldenParachute
#QLC / # BTC Cup and HandleCup and handle pattern could mean bullish continuation. Measured move up provided.
Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring.
Approach 2: Buy the retest of neckline (see green line path as an example).
Not financial advice. Education and entertainment, only.
QLC/BTC potential huge breakoutRough idea of the path I thin kthe breakout could take. The first 2 red lines are resistance, after we clear that... moon
cuple in cupleinteresting we se one big cuple that is ready for breakout and two cuple patterns that have already happen....
#QLC $QLC - BULLISH on MOVE SOON - Good chart setup. If it holds the 50ma well we could be in for a nice bull run - if BTC plays well of course!