opop777

#QUANT $QNT with a HUGE breakout, what's next?

Long
BINANCE:QNTUSDT   QNT / TetherUS
QNTUSDT printed a good breakout on 4h timeframe
what's next? if we want to place a long position, we should look for a breakout confirmation: if the price is going to retest the 66$ former resistance area succesfully (printing a bullish candle afterwards), we can target the $87 weekly resistance, or something a little closer to the current price

if the scenario gets confirmed, these are the levels I'm watching:
TP: 80 (next resistance zone)
SL: 62 (just below the former resistance which should turn into new support)

let me know if you found this idea helpful and if you are going to enter the trade!
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