QTUM double Inverse H&S (1H & 1D), targeting 35% up!
Updated
QTUM has an Inverse H&S pattern formed on the 1H chart (Blue/Right) and is forming a large Inverse H&S also on the daily chart (Green/Left).
RSI & MACD confirming the expected upward move, oscillator uptrend demonstrate that the buying power is dominant within the IH&S chart pattern. On the 1h chart price and 20MA have already crossed 200MA which is a strong bullish signal.
I am projecting profits of up to 35% on the last target, and after reaching this mark I will be able to re-evaluate the scenario and make a new entry in case of an IH&S breakup.
#QTUM #QTUMBTC (Binance, Bittrex, Kraken, Bithumb, Bitfinex, Poloniex)
Time-Frame from 15 to 45 days to hit last target.
Buy-Long range: 528-533
Target (1): 577 (+ 9%)
Target (2): 603 (+ 14%)
Target (3): 633 (+ 20%)
Target (4): 666 (+ 25%)
Target (5): 688 (+ 30%)
Target (6): 716 (+ 35%)
SL: 482 (-9%)
RSI & MACD confirming the expected upward move, oscillator uptrend demonstrate that the buying power is dominant within the IH&S chart pattern. On the 1h chart price and 20MA have already crossed 200MA which is a strong bullish signal.
I am projecting profits of up to 35% on the last target, and after reaching this mark I will be able to re-evaluate the scenario and make a new entry in case of an IH&S breakup.
#QTUM #QTUMBTC (Binance, Bittrex, Kraken, Bithumb, Bitfinex, Poloniex)
Time-Frame from 15 to 45 days to hit last target.
Buy-Long range: 528-533
Target (1): 577 (+ 9%)
Target (2): 603 (+ 14%)
Target (3): 633 (+ 20%)
Target (4): 666 (+ 25%)
Target (5): 688 (+ 30%)
Target (6): 716 (+ 35%)
SL: 482 (-9%)
Trade active
Trade active
QTUM starting to move slowly, 1st target to be reached next days.Trade active
1st target reached!Trade active
Things are getting better and better on QTUM, Ready for another leg up?
Related publications
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.