Description
⋅ Hello Traders, I want to share with you a low cap token with good fundamental named Covalent KUCOIN:CQTUSDT.
This is my view from technical analysis perspective :
- CQT has reclaimed its structure for bullish move.
- The price was staying above MA200 since mid Dec 2022.
- Making higher low since Aug 2022 yet btc had lower low in last Nov.
- Below $0.11 is good for accumulation.
- Once breakout the target are 0.189 ; 0.224 ; 0.289
Comment
⋅ running 70% profit, almost hit 1st target
Trade closed: target reached
⋅ Target 1 reached, will hold some towards 2nd target