[BUY SIGNAL - 18:1 RISK REWARD] QTUM/BTC Crucial levelAs we can see we have a very long trend crossing perfectly the shorter and faster up trend. considering that the RSI is moving up and the MACD shows a cross and a movement up can be seen forming. This is also a good trade for a mid/long term position.
Watch zones and sell targets are every Fibonacci level, but my guess is that it's going all the way up. Observe the price action on those areas and you're golden.
QTUMETH
Qtum Buy OpportunityIf we look at the 1H chart, we can see that the market is in an uptrend. The price is above the kumo and it gives us buy opportunity. DMI indicator confirms trend market conditions and allows trading. ADX line rises and it tells us that bulls become stronger. Also a flag chart pattern, which we can draw on this chart, is belong to a continuation group of patterns. We should expect for further upward movement. If so, pending orders for buy should be placed above the top line of the flag pattern. It can be 0.048700 level. Stop orders must be placed below the support at 0.043700 level. The main profit target is 0.055000 level. Also a part of long trades can be left for long run.