QRDO has shown a relatively strong chart given the recent price action of BTC and general market performance.
After a strong move and retracement back to the last notable ATH @ ~62% on the fib, price has had a nice daily reversal candle and strong close above the tight range that lasted a few days.
The next zone of resistance is where price is testing now. Once price can close and find support above the dashed line, that will become the new key support and provide a stable entry with minimal drawdown. Regardless, anywhere between the open of yesterdays candle and now can be seen as a decent long term entry.
NFA
After a strong move and retracement back to the last notable ATH @ ~62% on the fib, price has had a nice daily reversal candle and strong close above the tight range that lasted a few days.
The next zone of resistance is where price is testing now. Once price can close and find support above the dashed line, that will become the new key support and provide a stable entry with minimal drawdown. Regardless, anywhere between the open of yesterdays candle and now can be seen as a decent long term entry.
NFA
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).