Qtum / Bitcoin
Long

QTUM long on a 5Th Elliott Wave

519
QTUM is on a EW pattern.

The low of the 4th wave is aligned with a longer uprend (in red) and a resistance in blue

Entry : 0.00602
TP1 : 0.0046
TP2 : 0.00578
SL : 0.00306 (major resistance)
SL can be raised to the low of wave 4 (0.00336)

Based on SL and TP2, RR: 4.3:1

This is my current trade, not an advice, trade at your own risk

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