Welcome to this quick Update guys. QTUM had a nice dip after reaching 2670 area. Highly likely it will reach break that green dotted line(Previous Resistance) and rally as high as 72% as per the previous Resistance levels. MACD is Bullish too.
ENTRY: 255 TO 266
Targets: 2720 2822 3088 3175
Stop Loss : 2356
QTUM FUNDAMENTALS:
They have OFFLINE STAKING AND MAINNET RELEASE ON 28th August. Mainnet Release V0.19.1: August 28. Phantom on Mainnet 30 Sept 2020. This is a hold for 6 to 8 weeks.
I think this trade could be profitable and we could risk 4% to 6% of our Portfolio in this Trade.
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Thank you
Stay safe #PEACE
Note
Sorry EVERYONE THERE'S A MISTAKE IN THE ENTRY PRICE ABOVE. IT WILL BE 2446 TO 2466 OR YOU CAN ENTER AT CMP! Sorry again.
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