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ForecastCity_ME
Mar 21, 2022 12:21 PM

💡Don't miss the great buy opportunity in QTUMUSD @qtum Long

BINANCE:QTUMUSDT240
Qtum / TetherUSBinance

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.430).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.

Take Profits:
TP1= @ 7.366
TP2= @ 7.990
TP3= @ 8.511
TP4= @ 9.742
TP5= @ 10.575

SL= Break below S2

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Trade closed: target reached

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37.13% profit...
Total Profit: 37.13%
Closed trade(s): 37.13% Profit




Update Details:

Closed Profit:
TP1 @ 7.366 touched at 03.22.2022 with 4.04% Profit.
TP2 @ 7.990 touched at 03.23.2022 with 12.84% Profit.
TP3 @ 8.511 touched at 03.25.2022 with 20.25% Profit.
4.04%+ 12.84% + 20.25% = 37.13%
Trend AnalysisChart PatternsTechnical IndicatorsqtumUSDQTUMUSDqtumusdtlongContains image
Comments
carefulOwl22772
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Very nice chart.
ForecastCity_ME
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@carefulOwl22772, Thank you for your comment. We appreciate it. 🌹
Sophi2018
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Great quality! Thank you!
ForecastCity_ME
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@Sophi2018, You're welcome! Thank you as well for your comment.
ravikanthpala
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Thank you very much for the analysis 😊
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