deniskov

QTUM MOON long idea, huge growth potential + good R/R ratio!

Long
deniskov Updated   
BITFINEX:QTMUSD   Qtum

Been watching QTUM since around $11, feel disappointed i missed the 6x boat but that's alright, we're only getting started!
QTUM has a relatively low market cap with a huge amount of growth potential
expecting 100%+

TA says 2hr RSI is very oversold, ready to bounce back soon.

Once the whole 'flippening' FUD goes away, more money will flow into alts and qtum has shown that it can absorb quite a bit of this money lately.
6+hr RSI's are quite overbought however so there are chances of a nice pullback, but i personally like this coin and will hodl it even if the odds are against it.

Plus, the name's cool, and whether you like it or not that's solid grounds for investing ;)
Comment:
damn by the time i finished writing that its already up 10% ...
Trade active:
price dipped to buy zone, bought and holding.
Trade closed: stop reached:
stoploss reached at $40.8, market wide correction going on, who knows for how long.
Wait it out, re buy when things look healthier.
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