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PakRT

CQT bullish scenario

Long
Covalent / Tether (KUCOIN:CQTUSDT)  
PakRT Updated   
KUCOIN:CQTUSDT   Covalent / Tether
Trend Analysis Chart Patterns Technical Indicators CQTUSDT CQT covalent chartanalysis BTC altcoin altseason altcoinanalysis btcanalysis
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trendanalysis chartpattern indicator cqtusdt cqt covalent chartanalysis btc altcoin altseason altcoinanalysis btcanalysis
Hello Traders, I want to share with you a low cap token with good fundamental named Covalent 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
Comment:
running 70% profit, almost hit 1st target
Trade closed: target reached:
Target 1 reached, will hold some towards 2nd target
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