BENQI (QI) – Bullish divergence

QI / TetherUS BINANCE:QIUSDT

without_worries

** warning – low market cap $20m – small position sizes only **

On the above 3-day charts (USD pair left, BTC pair right) price action has corrected over 80% since late November. A number of reasons now exist to be bullish , including:

1) The ‘incredible buy’ signal prints on both USD and BTC pairs.

2) Regular bullish divergence with multiple oscillators and volume .

3) Price action resistance breakout.

Is it possible price action falls further? Sure.

Is it probable? Very unlikely.

1st target 25 cents

Good luck!

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