💡Don't miss the great buy opportunity in QTUMUSD @qtumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (11.556).
. 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 70.
Take Profits:
TP1= @ 13.764
TP2= @ 16.298
TP3= @ 18.691
TP4= @ 22.610
TP5= @ 26.527
SL= Break below S2
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