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Chibuike_Odoh
Jan 17, 2021 10:37 AM

QTUMUSDT - Inverse head and shoulders trend reversal pattern 🔼 Long

Qtum / TetherUSBinance

Description

Analysis 🔎: QTUMUSDT is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the right shoulder support level.
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