Quant had an amazing run from late May through mid July. A correction was needed and it appears that it is complete. There was a perfect retrace to the bottom of the .618 Fibonacci zone. During the correction, volume decreased (bullish) and a nice falling wedge has been formed. It looks like this wedge could be broken soon because there is about to be a bullish cross on the MACD chart for the first time since May. After this last cross occurred, there was a 6x in price. We may not see that kind of growth this time around but we should see a nice spike in the price.
*This is not financial advice. I am not responsible for any losses of money.*
*This is not financial advice. I am not responsible for any losses of money.*
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.