Playj

qtum getting interesting

Long
BITTREX:QTUMUSD   None
qtum has been in a range as you can see on the right chart which is daily. Appears on the shorter time frames its trying to break out but with this long and strong of a range on the larger time frames i would only buy a breakout of the daily range.
I would expect a big move once range is broken with this long of an accumulation and expect big things out of qtum coming the next 6 to 12 months
you can also day trade this buying at low of range and selling if and only if it fails to break out of the high of range. Don't wanna trade a dollar range and then it breaks out after a month of accumulation and goes for a 50 percent gain.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.