2024-11-27 03:10:16

#QUBIC 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦 𝐔𝐩𝐝𝐚𝐭𝐞 𝐨𝐧 $QUBIC 𝐏𝐫𝐢𝐜𝐞 𝐀𝐜𝐭𝐢𝐨𝐧! A 𝐁𝐮𝐥𝐥𝐅𝐥𝐚𝐠 pattern has formed, with a target of 𝟑𝟎𝟎𝟎/𝐁. Let’s dive deep into the details! 🤿

🧵 𝐁𝐮𝐥𝐥𝐅𝐥𝐚𝐠 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:

In my recent post about $QUBIC, I mentioned that it had broken out of a 4-month downtrend. That same downtrend line is now acting as support. Currently, we’ve formed a beautiful BullFlag pattern, which is a classic continuation pattern. At this stage, $QUBIC has shifted from a downtrend to an uptrend, and the Bull Flag suggests the potential for another significant move upward! 🚀

When the price rises a lot, it can’t continue upward endlessly. It needs to calm down and create a parallel channel with both resistance and support levels. Inside this parallel channel, the price will move sideways, gathering power for the next push.

We are currently in the same situation as how a BullFlag works. After breaking through the BullFlag’s resistance level, we’ll rise by the same percentage as the last pump. By applying this logic, our target for the upcoming pump is 𝟑𝟎𝟎𝟎/𝐁. 🚀

l love continuation patterns - Hehe. Stay tuned!

QUBIC5,68%

DEEP5,94%

LL0,61%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes