ðParadisers, #QNT has recently broken out of a trendline, exhibited CHoCH in its price action, and formed an inverse head and shoulders pattern, all indicating a potential bullish move.
ðIf #QNTUSDT manages to break above the resistance area, it suggests a continuation of the bullish momentum, with potential targets towards the next resistance area.
ðIn the event of a pullback, we can anticipate a bounce from the demand area, especially if accompanied by bullish candlestick patterns.
ðHowever, if the demand area breaks down, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish trend in the market.
ðIf #QNTUSDT manages to break above the resistance area, it suggests a continuation of the bullish momentum, with potential targets towards the next resistance area.
ðIn the event of a pullback, we can anticipate a bounce from the demand area, especially if accompanied by bullish candlestick patterns.
ðHowever, if the demand area breaks down, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish trend in the market.
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