Looking at the daily structure we see a break above resistance and flip to support. Follow that with a bullish pennant forming under the next major resistance area. I like QNT here or a bit closer to $4 as an entry. I think it will take off once BTC does it's thing and finishes it's correction.
We have a 1D timeframe Buy signal which indicates the longer term trend is turning bullish. The 1D Buy signal on the chart is not an indicator to enter and exit trades but rather an indicator that the trend has changed in a bullish direction.
If we can hold support over the coming weeks and break through to the $7 area, I believe $10 is on the way based on fib extension levels.
We have a 1D timeframe Buy signal which indicates the longer term trend is turning bullish. The 1D Buy signal on the chart is not an indicator to enter and exit trades but rather an indicator that the trend has changed in a bullish direction.
If we can hold support over the coming weeks and break through to the $7 area, I believe $10 is on the way based on fib extension levels.