QTUMUSDT: Will This Breakout Lead to a Major Bull Run?
Yello Paradisers! QTUMUSDT has broken out of a falling wedge pattern, increasing the probability of a bullish move. But, can we trust this breakout to lead us to significant gains?
💎For confirmation, we need a breakout and candle closing above the resistance zone. This will increase the likelihood of a bullish move, potentially driving the price to the next resistance levels.
💎However, if we see a pullback, we might witness a potential triple bottom pattern forming from the support zone. For this to confirm, we need an I-CHoCH indicating a shift towards a bullish market structure.
💎But beware, if there is a breakdown and candle closing below the support zone, our bullish outlook will be invalidated.
Stay vigilant, trade smart, and let's navigate these market moves together!
MyCryptoParadise
iFeel the success🌴
💎For confirmation, we need a breakout and candle closing above the resistance zone. This will increase the likelihood of a bullish move, potentially driving the price to the next resistance levels.
💎However, if we see a pullback, we might witness a potential triple bottom pattern forming from the support zone. For this to confirm, we need an I-CHoCH indicating a shift towards a bullish market structure.
💎But beware, if there is a breakdown and candle closing below the support zone, our bullish outlook will be invalidated.
Stay vigilant, trade smart, and let's navigate these market moves together!
MyCryptoParadise
iFeel the success🌴
Comment
💎Nailed it again - #QTUMUSDT is up 23.44%, right on cue!
💎As the price approaches a resistance zone, it's wise to book some profits and secure the rest with a hard stop loss at break-even. Protect your gains and stay disciplined!
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.