QLINK Price Breakout From Cup & Handle Pattern

in #cryptocurrency7 years ago

Qlink is trading in Binance Exchange and it has possitive signals on its daily chart.

qlink.png

  • There is a dip pattern that it is call Cup & Handle Pattern. If price breakout pattern's neckline, then expect to go up as Cup's length which this target price is 2800 BTC

  • Today trade bar is trying to breakout neckline. If price will close above neckline, this would be strong buy signal.

  • The other possitve signal is price hold above 5 day EMA

According to all of the technical reasons, QLink price might be least 2800 BTC in the coming days.

Legal Disclaimer:I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs.

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