Kapital Bit > news > trading > QLC Chain Chart Analysis + 230% & 388% Targets Mapped for BINANCE:QLCBTC by alanmasters — TradingView

QLC Chain Chart Analysis + 230% & 388% Targets Mapped for BINANCE:QLCBTC by alanmasters — TradingView

  • November 10, 2020
  • Posted by: virtualxstore
  • Category: trading
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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.


snapshot

Additional details on the chart.

Namaste.

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