LiuTrader

QTUM double Inverse H&S (1H & 1D), targeting 35% up!

Long
LiuTrader Updated   
BINANCE:QTUMBTC   Qtum / Bitcoin
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%)
Trade active
Trade active:
QTUM starting to move slowly, 1st target to be reached next days.
Trade active:
1st target reached!
Trade active:
Things are getting better and better on QTUM, Ready for another leg up?
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