Hello fellow traders and investors, here's another trade idea.
QBTC has recently sold off to the bottom of the channel. If it makes a recovery to the top of the channel it offers a 40% ROI.
Technicals:
The Macd indicates that it's in a downtrend but not oversold
The bearish volume is seeing signs of exhaustion which could lead to a reversal
The RSI is oversold
When To Buy:
Now
When To Sell:
At the top of the channel
Fundamentals: QBTC is a bitcoin fund.
Rating: 90/100 volume looks amazing and so do the technicals.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
QBTC has recently sold off to the bottom of the channel. If it makes a recovery to the top of the channel it offers a 40% ROI.
Technicals:
The Macd indicates that it's in a downtrend but not oversold
The bearish volume is seeing signs of exhaustion which could lead to a reversal
The RSI is oversold
When To Buy:
Now
When To Sell:
At the top of the channel
Fundamentals: QBTC is a bitcoin fund.
Rating: 90/100 volume looks amazing and so do the technicals.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
