QNT / TetherUSLong
QNT in a falling wedge! Keep an eye on this setup!
Here's a quick Look at QNT 1 hr chart. As we can see, the price has been forming a falling wedge and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 125.2$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 125.2$ and take profits at the levels shown in the chart.
Targets:
1. 128$
2. 133$
3. 139$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be when the price breaks above 125.2$ with a good amount of volume. One to keep an eye on.
-------------------------------------------
The idea is: Buy when the price breaks above 125.2$ and take profits at the levels shown in the chart.
Targets:
1. 128$
2. 133$
3. 139$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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