BENQILong
Benqi (QI) — Ready to Fly
Another strong altcoin and the next few days can be a perfect moment to open a long position.
On support and moving sideways.
Corrective wave pattern completed after a retracement to the golden ratio.
Trendline breakout and retest:
Strong against Bitcoin, holding support:
The chart shows major resistance levels as well as three sets of Fibonacci targets: retracement levels of the bear market, extensions of the wave ((2)) and 1.618 extension of the wave ((1)). Best places to sell are where resistances coincide with the Fibonacci levels: $0.074-$0.09 zone and $0.24-$0.4. Maximum upside potential that I'm considering for this token is therefore around 2000-3000%.
On support and moving sideways.
Corrective wave pattern completed after a retracement to the golden ratio.
Trendline breakout and retest:
Strong against Bitcoin, holding support:
The chart shows major resistance levels as well as three sets of Fibonacci targets: retracement levels of the bear market, extensions of the wave ((2)) and 1.618 extension of the wave ((1)). Best places to sell are where resistances coincide with the Fibonacci levels: $0.074-$0.09 zone and $0.24-$0.4. Maximum upside potential that I'm considering for this token is therefore around 2000-3000%.
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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.
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.