TradingView
AlanSantana
Dec 25, 2023 7:52 AM

✳️ Quant | Falling Wedge = Bullish Wave (500%-835% Potential) Long

QUANT/BITCOINBitrue

Description

Good Monday my fellow Cryptocurrency trader, how are you feeling today?
Relaxed and refreshed I bet...

Here is another nice and simple to read chart, QNTBTC (Quant).

➖ We have a falling wedge repeating pattern. It is obvious what the outcome will be of the current pattern as it already happened in June 2022.

➖ The falling wedge pattern is a bullish formation and leads to a bullish wave.
The bullish breakout confirms the start of the next move to the upside.

On the right side, we can see a strong bullish breakout happening right now.
This breakout can in turn lead to a bullish wave.

👉 Potential targets can be seen mapped on the chart.

Thank you for reading.

Namaste.
More