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cryptotraderman
Oct 30, 2021 5:53 PM

CQT/USD chart update 

Covalent / USDFTX

Description

'Covalent is a Hidden GEM?' I shared my views in this article,
And CQT look like have a great entry point now?

We can see that some signal in 4hours chart:
- Testing the uptrend Support line
- Fib 0.5 Support
- RSI around 36
- MACD haven't created an higher high
- Very low vol when dropping

This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.

Comment

CQT have strong support on Fib 0.5 and keep the uptrend successful.
Will it create new ATH even bring 5-50x return? Let's see.
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