Possible quick trade on Qtum, it has great support at the lower blue line, and it seems like it has done a small 5 wave correction with great recistance that there is a good chance we can breakout from. I will do a long positsion from here, no stoploss, but I will watch the price closely incase we have a breakdown.
Comment:
Target 30%, also take a look at the RSI, starting to trun up from 30.
Trade active:
It bounced off from support, trade is still active, now we just sit patient and earn 30%
Comment:
Update: Qtum went pretty far down and I did close, it just pumped up like crazy and we are in profit. Keep in mind the drop came cus of the BTC pairing, but its up around 30% on the USD chart. I won´t sell half at this level.