Head and Shoulders form on 4hr chart

Qlink may likely have a strong ICO reversal similar to OmiseGo. So I'm definitely bullish on QLC, but near-term forming a bearish head and shoulders pattern.

I've drawn out the support zones and the buy zone. If H&D plays out, I'll be accumulating QLC in buy zone for the bull run. Could easily do x2 and x3 current price.

تعليق:

very strong support at 2200sat and following new uptrend line

big picture looks like we're in the handle of a Cup and Handle

تعليق:

if it closes below 2200 we can see a drop down to confirm H&D.
buy volume showing strength, however.

تعليق:

H&D failed. Ascending triangle breakout. VERY BULLISH