🔍 Technical analysis: Price compression within a consolidation - 1D
📣
QNTUSDT On the daily timeframe, it has encountered a corrective structure after a rise to the $171 area.
🟢 It is currently in a consolidation.
💎 If it can consolidate the consolidation with a broken zigzag correction above the $100 area, it will be able to reach the supply zone.
⚠️ However, if the OB area breaks and consolidates below it, a complex composite zigzag correction will occur, which can extend this correction to the green box. ⚠️
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📣
QNTUSDT On the daily timeframe, it has encountered a corrective structure after a rise to the $171 area.🟢 It is currently in a consolidation.
💎 If it can consolidate the consolidation with a broken zigzag correction above the $100 area, it will be able to reach the supply zone.
⚠️ However, if the OB area breaks and consolidates below it, a complex composite zigzag correction will occur, which can extend this correction to the green box. ⚠️
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.