First of all, you should know that CQT is an artificial intelligence (AI) currency.
This currency can be traded in Kucoin, Okex, Coinex and GateIO exchanges
It looks like the price is now inside the big D wave.
Wave D looks like a bullish diametric, we are now in wave c of this diametric.
Wave c of D is also a diametric with only one wave remaining (wave G).
After the completion of this wave, the price is expected to undergo correction for wave d from D and then the wave for wave e from D will rise again.
We have such a view on CQT.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
This currency can be traded in Kucoin, Okex, Coinex and GateIO exchanges
It looks like the price is now inside the big D wave.
Wave D looks like a bullish diametric, we are now in wave c of this diametric.
Wave c of D is also a diametric with only one wave remaining (wave G).
After the completion of this wave, the price is expected to undergo correction for wave d from D and then the wave for wave e from D will rise again.
We have such a view on CQT.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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