QAN Bull Flag In A Bull Market?
This is a daily chart of a newer layer one block chain that I personally know nothing about fundementally but was asked to do a "technical" write up.
IF the tide continues to rise it tends to raise all ships. Looking at current price action it has already revisited it's highs three times showing strong support from the bottom of the range.
Current pull back is strongly resembling a bull flag in a bull market... The current macro uptrend is aligning with a potential brake out.
For potential targets if we expand the initial range out one full cycle it produces a high that aligns with a bull flag target and price action based speed lines giving indication of the end of March.
Please remember this is a technical "forcast" and each individual is personaly responsible for their own buying and selling decisions.
Current Trading Plan:
Hold long for potential 100% move to the upside with the current macro trend line as a clear invalidation point. Currently not listed on may exchanges and uniswap may be the only real place to purchase if in a restricted country for gate.io.
Definately a 100% captial risk play.
Below is some information about the project from coin market cap that may or may not be of value.
EVERYTHING BELOW IS FROM FROM COIN MARKET CAP MAY OR MAY NOT BE ACCURATE DO YOUR OWN RESEARCH:
What Makes QANplatform Unique? QANplatform solves the problems enterprises and developers face when using currently available blockchain by building a platform from scratch that does not require them to make compromises:
Hybrid blockchain platform
80% faster implementation than other blockchains
Lowest hardware and energy requirements on the market
Predictable data transaction prices for public blockchains
Enterprise-ready transaction speed
Quantum-resistant security The experienced team behind QANplatform worked in companies and projects like IBM, Telekom, Uber, Bitcoin.com, Ethereum, Monero, Zcash...
IF the tide continues to rise it tends to raise all ships. Looking at current price action it has already revisited it's highs three times showing strong support from the bottom of the range.
Current pull back is strongly resembling a bull flag in a bull market... The current macro uptrend is aligning with a potential brake out.
For potential targets if we expand the initial range out one full cycle it produces a high that aligns with a bull flag target and price action based speed lines giving indication of the end of March.
Please remember this is a technical "forcast" and each individual is personaly responsible for their own buying and selling decisions.
Current Trading Plan:
Hold long for potential 100% move to the upside with the current macro trend line as a clear invalidation point. Currently not listed on may exchanges and uniswap may be the only real place to purchase if in a restricted country for gate.io.
Definately a 100% captial risk play.
Below is some information about the project from coin market cap that may or may not be of value.
EVERYTHING BELOW IS FROM FROM COIN MARKET CAP MAY OR MAY NOT BE ACCURATE DO YOUR OWN RESEARCH:
What Makes QANplatform Unique? QANplatform solves the problems enterprises and developers face when using currently available blockchain by building a platform from scratch that does not require them to make compromises:
Hybrid blockchain platform
80% faster implementation than other blockchains
Lowest hardware and energy requirements on the market
Predictable data transaction prices for public blockchains
Enterprise-ready transaction speed
Quantum-resistant security The experienced team behind QANplatform worked in companies and projects like IBM, Telekom, Uber, Bitcoin.com, Ethereum, Monero, Zcash...
Comment:
Target achieved