QTUM setting-up for a run to $12
QTUM has seen meaningful growth and above average volume for a crypto with a sub 11B market cap. The most recent breakout has been challenged and formed a picture perfect Inverted H&S pattern. This too has now broke to upside with $8.85 and then $12 targets on the horizon. Previous cycle high had QTUM $80 making this 10 bagger potential. I am LONG since $7.5
Trade active
Initial Target of $8.85 has been reached. Those looking to close out for quick profits should do so now. High end target of $12 will be dependant on BTC bouncing off resistance and making a move back towards 60K.Trade closed: target reached
High end target reached. More upside possible with previous cycle high still possible. Taking 50% off the table and letting it ride with house money.
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