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Tims.Technische.Analyse.
Jan 26, 2023 2:06 PM

Quant ABC to POC 

QNT / TetherUSBinance

Description

After a sustained rise, a small bearish divergence seems to be on the rise to bring some cooling down.
This along with the ABC I have in there could bring the price to the current point of control (taken over the major uptrend).
In case the Bulls have a taste for it and push through to break the resistance line of the triangle of the bigger picture it is important to gain that level to set their sights on the #ATH.
Note if a level like $94.3 is broken then a new Low will be made which will be a bearish signal and may result in a decline towards the $63 ~ $7

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Comments
behdark
It`s a good idea
MynameisTeo
ok...I wait for below 80$ retrace if is wave 1, wave 2 here... BUT , what if 40$ area was just A? and your 1 to 5 wave is an ABC for B?
Abdullahi2021
@MynameisTeo you are right bro.. I don't know of 40$ Area. but his wave 1-5 is clearly ABC..
MynameisTeo
@Abdullahi2021, I look at this( see chart)... but it's very possible to be 5 UP for wave 1, now retrace for wave 2...
Abdullahi2021
@MynameisTeo this chart is absolutely correct with high probability.. idea of retracing for wave 2 is invalid..
Abdullahi2021
@Abdullahi2021 I have my reasons for saying that. I will share you my chart later..
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