Get started
Long
Updated

CQT bullish scenario

412
Hello Traders, I want to share with you a low cap token with good fundamental named Covalent $KUCOIN:CQTUSDT.

This is my view from technical analysis perspective :
  • CQT has reclaimed its structure for bullish move.
  • The price was staying above MA200 since mid Dec 2022.
  • Making higher low since Aug 2022 yet btc had lower low in last Nov.
  • Below $0.11 is good for accumulation.
  • Once breakout the target are 0.189 ; 0.224 ; 0.289
Note
running 70% profit, almost hit 1st target
Trade closed: target reached
Target 1 reached, will hold some towards 2nd target
PakRT
Also on:
altcoinaltcoinanalysisaltseasonBTCbtcanalysischartanalysisChart PatternscovalentCQTCQTUSDTTechnical IndicatorsTrend Analysis

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.
altcoinaltcoinanalysisaltseasonBTCbtcanalysischartanalysisChart PatternscovalentCQTCQTUSDTTechnical IndicatorsTrend Analysis
PakRT
Also on:

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.