Let's start with the fact that we made the previous idea of the QTUMUSDT pair exactly 6 months ago.
Just look how it worked perfectly!
S uch an idea at least deserves: a like from you, a medal for labor and efforts from tradingview and a Donate from...
". There is a possibility of temporary retracement to the suggested support line (11.556).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
QTUMUSDT Falling Wedge Bullish Breakout
We have seen that QTUMUSDT has created ATH at level 35.66 and then came the correction phase. In the correction process, QTUMUSDT has created a falling wedge pattern and now being broken.
We may have a very profitable trade if the setup is validated.
NOTE: DO YOUR OWN ANALYSIS, DO PROPER RISK AND MONEY MANAGEMENT. SPOT...
After collecting the stops and Sell orders (red box), you should think more about falling
If the red box penetrates, both at this time and the lower time, the downside view will change and a new analysis will have to be presented after further investigation.
At 15 minutes, you can see that we did not have a quick return after the fall, and it remained in the...