QTM bullish setup, patience needed
Updated
QTM jumped last weekend but fell back soon afterwards.
Still, it's trading within an upward channel. I would consider this a bullish accumulation phase.
In case of breakout, I expect at least the height of the range, roughly $80, as the first target. The crucial test would be $100. That will depend on the overall crypto market, I think.
Still, it's trading within an upward channel. I would consider this a bullish accumulation phase.
In case of breakout, I expect at least the height of the range, roughly $80, as the first target. The crucial test would be $100. That will depend on the overall crypto market, I think.
Note
everyone got mega-screwed by the few bitcoin manipulators.
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