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#QUBIC ๐๐ก๐จ๐ซ๐ญ-๐๐๐ซ๐ฆ ๐๐ฉ๐๐๐ญ๐ ๐จ๐ง $QUBIC ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง! A ๐๐ฎ๐ฅ๐ฅ๐ ๐ฅ๐๐ pattern has formed, with a target of ๐๐๐๐/๐. Letโs dive deep into the details! ๐คฟ
๐งต ๐๐ฎ๐ฅ๐ฅ๐ ๐ฅ๐๐ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง:
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, weโve 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! ๐
When the price rises a lot, it canโt 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 BullFlagโs resistance level, weโll rise by the same percentage as the last pump. By applying this logic, our target for the upcoming pump is ๐๐๐๐/๐. ๐
l love continuation patterns - Hehe. Stay tuned!