Long

QTUM setting-up for a run to $12

Updated

QTUM has seen meaningful growth and above average volume for a crypto with a sub market cap. The most recent breakout has been challenged and formed a picture perfect Inverted H&S pattern. This too has now broke to upside with $8.85 and then $12 targets on the horizon. Previous cycle high had QTUM $80 making this 10 bagger potential. I am LONG since $7.5

Trade active

Initial Target of $8.85 has been reached. Those looking to close out for quick profits should do so now. High end target of $12 will be dependant on BTC bouncing off resistance and making a move back towards 60K.

Trade closed: target reached

High end target reached. More upside possible with previous cycle high still possible. Taking 50% off the table and letting it ride with house money.

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