Quant / Tether
Long

QNT - The Bulls are Leading!

314
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈After breaking above the last major high marked in red, QNT has been overall bullish trading within the rising wedge pattern marked in blue.

Moreover, the green zone is a strong demand and structure.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.

📚 As per my trading style:
As #QNT retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.