QTUM - At support $10 - New ATH target of $150 (LT trade)
Updated
Hi all,
QTUM USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.
Assumptions:
- Finalizing correction phase
- Doube bottom formation
- RSI at bottom, compressed in the apex of a falling wedge
- Great R/R ratio
Stop Loss: $8
SL to be readjusted to break even after 1st is achieved and so on.
Target profits:
TP 1 --> $28
TP 2 --> $68
TP 3 --> $155
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
QTUM USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.
Assumptions:
- Finalizing correction phase
- Doube bottom formation
- RSI at bottom, compressed in the apex of a falling wedge
- Great R/R ratio
Stop Loss: $8
SL to be readjusted to break even after 1st is achieved and so on.
Target profits:
TP 1 --> $28
TP 2 --> $68
TP 3 --> $155
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
Another way to see it, we are in the last segment of the correction:Trade active
QTUM is currently in accumulation zone.We might drop temporarily a bit lower if BTC dumps so average your buys folks.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
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