DrJLT

QTM bullish setup, patience needed

Long
DrJLT Updated   
BITFINEX:QTMUSD   Qtum
QTM jumped last weekend but fell back soon afterwards.

Still, it's trading within an upward channel. I would consider this a bullish accumulation phase.

In case of breakout, I expect at least the height of the range, roughly $80, as the first target. The crucial test would be $100. That will depend on the overall crypto market, I think.

Comment:
everyone got mega-screwed by the few bitcoin manipulators.

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