QTUM Looking for 004 with Stop set at 0026 #QTUM #BTC #crypto
I'm optimistic (bullish) on QTUM long-term. In the short-term, I have my eye on the 0.0026 price point. Anything below that point, I will sell my position and look to reenter below 0.002. In the other direction, I'm looking for breaks of the Fib retracement and extension levels with an eye on the momentum to the yellow line. That's where the Fib retracements and extension agree. Will look to take profits there unless we are rejected at the resistance points a bit lower.
Dotted horizontal white line = Fib retracement set between 7-28-2017 and 8-10-2017.
Solid horizontal white line = confluence of Fib retracements beginning 7-28-2017 and 12-8-2017.
Yellow horizontal line = Confluence of Fib rt (7-28-2017 to 8-10-2017) AND Fib rt (8-10-2017 to 12-8-2018) AND Fib ext (12-8-2017 to 1-7-2018)
Solid white vertical line = Fib time zones (12-8-2017 to 1-7-2018)
Dotted horizontal white line = Fib retracement set between 7-28-2017 and 8-10-2017.
Solid horizontal white line = confluence of Fib retracements beginning 7-28-2017 and 12-8-2017.
Yellow horizontal line = Confluence of Fib rt (7-28-2017 to 8-10-2017) AND Fib rt (8-10-2017 to 12-8-2018) AND Fib ext (12-8-2017 to 1-7-2018)
Solid white vertical line = Fib time zones (12-8-2017 to 1-7-2018)
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