Let's have a look at QNT on the 1h time frame.
The price is still below 50 EMA but once we get a successful breakout, it may be a long opportunity.
If the price gets rejected and it goes lower, we expect one more retest of the support which would be a buying opportunity.
MACD has crossed bullish and the positive momentum is coming which is a good sign.
Stop loss can be placed below the key support
Good luck
The price is still below 50 EMA but once we get a successful breakout, it may be a long opportunity.
If the price gets rejected and it goes lower, we expect one more retest of the support which would be a buying opportunity.
MACD has crossed bullish and the positive momentum is coming which is a good sign.
Stop loss can be placed below the key support
Good luck
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.