QLC/BTC
QLC tells me there’s a lot of downside yet to come. It broke through the 50MA and now acting as resistance. The 200MA if tested could hold support and with confirmation, it’s holding then entries are fine to take.
- Price below the mid-BB line and acting as resistance.
- STORCH extremely oversold.
- MACD negative but sell pressure declining.
Probable Entries: 778 - 740 sats reg.
Potential Target: 810 – 859 – 979 sats.
Potential Profit: 4.26% - 26.36%
QLC tells me there’s a lot of downside yet to come. It broke through the 50MA and now acting as resistance. The 200MA if tested could hold support and with confirmation, it’s holding then entries are fine to take.
- Price below the mid-BB line and acting as resistance.
- STORCH extremely oversold.
- MACD negative but sell pressure declining.
Probable Entries: 778 - 740 sats reg.
Potential Target: 810 – 859 – 979 sats.
Potential Profit: 4.26% - 26.36%