QLC either bounces off minor support or bounce off major support
Updated
QLink 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.
Neutral until I see where this is going to go. I will update with a long or short position once I find out.
Note
Looks like QLC is going to be following Option 2 (which is better for us, we will get more in return). I am a little scared that we are forming a Head and Shoulders pattern but I am probably wrong. Just in case I'm not, make sure to set a stop loss at 1600 sats and buy as close to 1700 sats as you possibly can. You can sell at minor support level and take 8% profit or keep holding and see how it does against the resistance at the minor support level I have labelled above (around 1835 sats).Note
Looks like BTC has all the Alts falling well below their support levels. QLC is a great pick up right now!!! Get some ASAP!
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