QTUM double Inverse H&S (1H & 1D), targeting 35% up!QTUM has an Inverse H&S pattern formed on the 1H chart (Blue/Right) and is forming a large Inverse H&S also on the daily chart (Green/Left).
RSI & MACD confirming the expected upward move, oscillator uptrend demonstrate that the buying power is dominant within the IH&S chart pattern. On the 1h chart price and 20MA have already crossed 200MA which is a strong bullish signal.
I am projecting profits of up to 35% on the last target, and after reaching this mark I will be able to re-evaluate the scenario and make a new entry in case of an IH&S breakup.
#QTUM #QTUMBTC (Binance, Bittrex, Kraken, Bithumb, Bitfinex, Poloniex)
Time-Frame from 15 to 45 days to hit last target.
Buy-Long range: 528-533
Target (1): 577 (+ 9%)
Target (2): 603 (+ 14%)
Target (3): 633 (+ 20%)
Target (4): 666 (+ 25%)
Target (5): 688 (+ 30%)
Target (6): 716 (+ 35%)
SL: 482 (-9%)
