SQD is likely to turn bullish soon (8H)

432
It seems we have a large diametric pattern forming on SQD, and we are currently in wave G.

Either wave G of this pattern has ended, or a part of this wave has completed.

The selling pressure has been absorbed by buyers, momentum has dropped, and the price is oscillating sideways, indicating the presence of buyers.

The trigger line on the higher timeframe has been broken, and the price is trading at a key level.

We will enter the position in the Buy zone using DCA.

Targets are marked on the chart; break even at the first target.

A daily candle closing below the invalidation level will invalidate this analysis.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

Do you also think FET is bullish?

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.