From the point where we placed the green arrow on the chart, QNT has started to form a triangle.
Currently, QNT appears to be in wave b of wave D of this triangle.
Wave b of D seems to be a diametric, and only the final wave of this diametric, wave g, remains.
Within the red zone, one can look for sell/short positions.
After the completion of wave b of D, a bearish move is expected to form wave c of D.
targets : 71.43$ _ 64.39$ _ 58.69$
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Currently, QNT appears to be in wave b of wave D of this triangle.
Wave b of D seems to be a diametric, and only the final wave of this diametric, wave g, remains.
Within the red zone, one can look for sell/short positions.
After the completion of wave b of D, a bearish move is expected to form wave c of D.
targets : 71.43$ _ 64.39$ _ 58.69$
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade attivo
It pumped, eventually reached the red zone, then dropped more than 22%, and both the first and second targets were hit.
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✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.