QSP/BTC (Testing Trendline of Support)
QSP/BTC
-the price is currently testing the upward trendline of support
-also, the previous resistance which has the chance to flip into support
-this area is critical because once this trendline is broken
-uptrend continuation will likely decrease and sellers might step in
-I do not recommend to open a Buy position right now
-wait for until QSP holds this level for the next 1-3 days
-any bullish signs will give you an extra confirmation to enter the market
-the price is currently testing the upward trendline of support
-also, the previous resistance which has the chance to flip into support
-this area is critical because once this trendline is broken
-uptrend continuation will likely decrease and sellers might step in
-I do not recommend to open a Buy position right now
-wait for until QSP holds this level for the next 1-3 days
-any bullish signs will give you an extra confirmation to enter the market
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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.
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.