Long

QLC Chain Bullish Divergence Says It All

1149
It's been a while since we've look at the classic bullish divergence signal.

We have lower lows on QLCBTC while we have higher lows on the QLCBTC MACD.

MACD: snapshot

QLCBTC: snapshot

You can also consider higher volume daily.
Prices moving above EMA50 and EMA100.
A strong RSI and a double bottom.

All this points to higher prices.

Namaste.

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.