This is a 6hour chart of qtum. Qtum had a huge run a few days ago and formed a , with the strong run looking to continue after the breaking out the triangle.
We can set our buy orders at around 3100-3250. With a stoploss at 2800.
Target is the fib level labeled with a green box.
*Bitcoin may be correcting again so switching into USD is a safe option. You can ignore this trade because of the risk involved at this time.
The holidays are near, I want to wish you all a spectacular end of 2017!
Thank you for all of your presence, I greatly appreciate this community!
If my analysis has made you profitable, and you are feeling generous with your , please DO leave me a tip! It is motivating and rewarding!
- BTC: 12L635hTz12ZcwBzdixwKyWYpkpUa5ve8p
- ETH: 0x05f171e02092ce9200779ace56ff1b1411e1ec26
- LTC: LTFr3Jp445vENZUZQopQPoqRgeSyGs36fe
Peace! Much love!
One hour chart, truth shall prevail soon. I find side-way consolidation unlikely.
Have your stop losses ready.
We will see how tomorrow goes.