QIUSDT trade ideas
#QIUSDT (Watchlist) 2-2024QIUSDT
Category: Utility token for the BENQI decentralized lending protocol
What it does: Fuels borrowing, lending, and governance on the BENQI platform.
Current Price: ~$0.016 USD (as of February 9, 2024)
Market Cap: ~$15 million
Key Features:
Earn interest by lending crypto assets on BENQI.
Borrow crypto assets at competitive rates.
Participate in voting on proposals to shape the future of BENQI.
Recent News:
BENQI launches new stablecoin lending pools.
Integration with other DeFi platforms to expand reach.
The price fluctuates with broader crypto market sentiment
Add to your watchlist
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
PS:
We refrain from trading any coin if the main idea of the project is associated with, lending gambling, prostitution, human trafficking, etc.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. ๐
QiQIUSDT
The time frame is four hours, when it comes to the order block, make a decision based on the market conditions. Put it in your watch list for now. Keep in mind that any overblock may be filled.
Footnote 1: It is not an offer to buy and sell, and it is only a position made by the robot
found, the responsibility of your transactions as a result of your profits and losses lies only with you, so no responsibility is acceptable from our side.
Footnote 2: Sometimes there is an order block in the lower time frame, which does not allow the price to reach the order block of the higher time frame, keep this in mind.
Footnote 3: Orderblocks may be affected by the emotional movements of Bitcoin
Do you really have a question, do you think Overderblock is good? If there is a heart, let me see how many hearts it takes.
Qi Lights the Path: Get In on the Buy Action Today!"**Short Fundamental Analysis of BENQI (QI)**
BENQI is a decentralized finance (DeFi) protocol that allows users to borrow, lend, and earn interest on their cryptocurrencies. It is built on the Avalanche blockchain, which is a relatively new and scalable platform. BENQI has a number of advantages over other DeFi protocols, including:
* **Low fees:** Avalanche is a very efficient blockchain, which means that BENQI transactions are very cheap.
* **High liquidity:** BENQI has a large pool of liquidity, which means that users can always borrow and lend without having to worry about slippage.
* **Governance:** QI token holders have the right to vote on protocol upgrades and other important decisions.
**Recent News**
* **BENQI Integrates Chainlink Oracles for Transparent Yield Rates**
BENQI has integrated Chainlink oracles to provide transparent and tamper-proof yield rates for its users. This integration will ensure that users always have access to the most accurate and up-to-date information about the rates they are earning.
* **BENQI Announces Staking Rewards for QI Holders**
BENQI is now offering staking rewards for QI holders. Users can now stake their QI tokens to earn rewards in the form of additional QI tokens. This new feature will incentivize users to hold their QI tokens and help to secure the network.
* **BENQI Partners with Avalanche Foundation to Expand DeFi Adoption**
BENQI has partnered with the Avalanche Foundation to expand DeFi adoption on the Avalanche blockchain. This partnership will help to bring more users to the BENQI platform and create a more vibrant DeFi ecosystem on Avalanche.
**Important Disclaimer**
Please note that I am not a financial advisor and this information is not intended to be investment advice. Always do your own research before investing in any cryptocurrency.
I hope this information is helpful. Please let me know if you have any other questions.
QI USDT - BULLISH OUTLOOKQIUSDT is showing signs of a potential bullish reversal on the 1-hour chart with a bullish divergence. Here's a straightforward trade plan:
Entry: Consider buying if the price reaches or goes above $0.02255 (use a Buy Stop order).
Stop Loss (SL): Set the stop loss at $0.01810 to manage risk. If any 4-hour candle closes below $0.01810, it might invalidate the bullish setup.
Take-Profit (TP): Plan your profit targets:
TP1: $0.02600
TP2: $0.02945
TP3: $0.03290
Adjust your position size based on your risk tolerance.
Keep an eye on the trade and adjust your plan if needed.
This simple plan aims to capitalize on a potential bullish turn in QIUSDT, emphasizing the importance of managing risk appropriately. Stay aware of market changes and be ready to adjust your strategy accordingly.
QIUSDT Surges by 251%, Reaching $0.3749! ๐BoooooooOOOOOOOM ๐๐
VIP Spot ๐ฅ๐ฏ
All Targets: doneโ
Entry price: 0.01067$โ
Price reached :0.03749$ โ
Profit: 251% โ
๐๐๐ค
In a noteworthy rally, the cryptocurrency QIUSDT has experienced an impressive surge of 143.55%, reaching a significant price of $0.3749. This remarkable uptick has captured the attention of traders, indicating substantial potential for gains. Stay tuned for further market insights as QIUSDT continues to ride the wave of positive momentum in the dynamic digital currency landscape. #QIUSDT #CryptoSurge ๐
๐ฅ QI Huge Risk Reward Signal: RSI Reversal PlayQI has been one of the major movers of the last two weeks. Two hours ago, the RSI has hit oversold on the hourly for the first time since several weeks.
This signal is based on the idea that bulls will be hopping back into this token and push it upwards. Furthermore, the oversold RSI has occurred at the support level, further reinforcing the reversal narrative.
Stop under the oversold-RSI-low. Target at the recent top. This allows us to create an amazing trade with a huge potential pay out.
QI 1d is bullish if...If QI closes today above the POC for 1d, then we expect a good move insha Allah.
It has to remain above the POC in order to remain bullish and keep the momentum at its peak.
otherwise, it will go down to restest the bottom to collect more volume then it bounces back again.
All the best insha Allah!
BENQI (QI)On the above 6-day chart price action has corrected 97%. Now is an excellent long trade. Why?
1) Price action and RSI resistance breakouts.
2) Strong regular bullish divergence.
3) Past resistance confirmed as support.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: donโt know
Return: donโt know
QI (DeFi /AVAX) Signal and TargetsQI may also do good the next bull-cycle.
Some targets here.
And a signal (KuCoin Chart)
If you have a favorite coin... and want a second opinion. Don't hesitate to leave a comment.
My full job is krypto so i can respond with ease
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