Short
QHOLDING Bearish Trend
QHolding has been in down trend since inception
Its making LL and LH
If we focus on the performance from Nov 2022 till now its in a bear trend .
Based on Fib there is no sign of Bullish reversal . Only if it turns and go back up to 3.36 + levels then we can confirm that the high of Nov 22 will be looking like a possibility.
At the moment it has done a double bottom and only very bleak hope of a reversal
Its making LL and LH
If we focus on the performance from Nov 2022 till now its in a bear trend .
Based on Fib there is no sign of Bullish reversal . Only if it turns and go back up to 3.36 + levels then we can confirm that the high of Nov 22 will be looking like a possibility.
At the moment it has done a double bottom and only very bleak hope of a reversal
Note
The Breakout has started .Looks like we have started recovery now. Could be a good entry point now to be part of the move
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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.