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Qtumusdt

QTUM / BTC Scalp opportunityGood afternoon folks, Today's trade I'm looking at QTUM. I have entered a position @ 2077, I am expecting a re-test of 0.0022 at the minimum and will either take profit, or adjust targets if wave 3 is confirmed. Key Notes: 1) Daily RSI is at the resistance, volume needs to enter this coin very soon. 2) We have painted an 'ok' bull flag. 3) Observe the EMA crossings on the daily 4) Squeeze (essentially bollinger bands) shows a large move is about to happen. 5) The 1 hr/4hr charts are beautiful, we need to be mindful of the 0 histogram MACD rejection on the daily however. As always, if you find my information helpful, please support me by hitting the like and follow button. Upon 15 likes, I will continue to update this idea.
by ant187
QTUMBTCThis is how I see QTUM now. We are now in the second wave and it is in a huge falling wedge, and we have just finished wave D. IMO we are now forming wave E, in which, either the target will be slightly under 0.786 fib lvl (0.0014 sats, which is the subwave 2 of wave 1, a strong support zone) or we will just hit at the 0.786 fib lvl and made a beautiful double bottom and bounce out of the freaking falling wedge. Thus, either way, we will first go down to retest 0.786 fib before forming wave 3. again, it is not financial advice or FUD. I still believe QTUM is going to make a beautiful wave 3 up to area around 0.006-0.007 sats. Thanks.
by DesWong