Based on technical analysis there are two nearby zones of entry and exit. Fibonacci retracement at level 0.618 seems to be a good target zone for the QTUM USDT pair. This pair seems to move in a very distinctive pattern of plateau, rise, plateau, dive and so on.
Entry 1 @ 8.877 - 8.670 (hits a major support level)
Target Exit 1 @ 14.440 (coincides with another resistance level)
Entry 2 @ 12.050
Target Exit 2 @ 18.020
These values have to be monitored as time passes and price develops.
Cheers
Entry 1 @ 8.877 - 8.670 (hits a major support level)
Target Exit 1 @ 14.440 (coincides with another resistance level)
Entry 2 @ 12.050
Target Exit 2 @ 18.020
These values have to be monitored as time passes and price develops.
Cheers
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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.