QTUM to the absolute MOON!$QTUMUSD - CRYPTO 10x PLAY
By far the one of the best (imo) play of the crypto space in the next 1 - 6 months. I will be trading this lightly but will hold for the rocket ship to take tf off. Couple of things going on:
1. 2021 = year of the altcoin. If you thought BTC was crazy at 20K and 40K, 65 and 80K will look even more stupid before EOY. All these other non-bitcoin plays, aka altcoins, are riding the biggest btc wave since 2016-2017. Don't miss the boat.
2. Which brings me to QTUM. If you follow my trades, I usually look for the same few signals, common trade pattens ( cup and handle, bull flag/pennants) and both happen to fit nicely with what's happened in the crypto space since the '17 boom. They peaked, bear market came in for 3 yrs and now the up has been formed and broken out, - see btc and eth. What we have here is the bottom of the cup ABOUT TO BREAK OUT. NOT EVEN OUT OF THE CUP BUT FROM THE BOTTOM. WHY AM I YELLING?? BECAUSE THIS WHAT DRAKE WAS TALMBOUT STARTED FROM THE BOTTOM! Where's the top you might ask? A smooth $84. Cool, where are we at? $7.32!!!! THIS IS EASILY A 10X OPPORTUNITY YOU CRYPTO LOVING DEGENERATE GAMBLERS!
3. As with most of my cup / handle, i look for a breakout passed a downtrend - CHECK
4. Using the trend-based Fib retracement, the 100% level already hit. The next level lines up PERFECTLY with the mid and higher level resistance of the cup. Double confirmation this is a ROCKET AND $24 IN T-30 DAYS IS DOABLE!!!!!
5. Volume - absolutely CRUCIAL to any bull move and as you can see, crypto whales are starting to notice.
Lastly - this is not financial advice. Trade at ya own risk and do your DD. In addition - this is cyrpto, wayyy risker than equities or boomer bonds. Cool. Stocks don't also have 1000%+ GAINS ACROSS THE SECTOR. Goodluck to all.
Disclaimer: Balls deep with ~5K coins. Will be looking to avg down on any pullback. Anything under $7 is a steal imo.
