Analysis 🔎: QTUMUSDT is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown...
Dear Traders
A descending trendline has been broken, one can buy long or invest in this pair once the weekly breakout zone and conquered and retested!
Our targets are shown by blue levels.
#StayRoyal #StayProfitable
Happy Trading.
QTUMUSDT is printing the inverse head and shoulders reversal pattern on the weekly timeframe.
RSI is printing a bullish divergence signal.
Bullish ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Target 🎯 - resistance levels.
