QTUM - At support $10 - New ATH target of $150 (LT trade)

Hi all,

QTUM USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.

Assumptions:
- Finalizing correction phase
- Doube bottom formation
- RSI at bottom, compressed in the apex of a falling wedge
- Great R/R ratio


Stop Loss: $8
SL to be readjusted to break even after 1st is achieved and so on.

Target profits:
TP 1 --> $28
TP 2 --> $68
TP 3 --> $155


This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.

All the Best from the Crypto Space
Alteroc



AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading

Comment:

Another way to see it, we are in the last segment of the correction:

Trade active:

QTUM is currently in accumulation zone.

We might drop temporarily a bit lower if BTC dumps so average your buys folks.


All the Best from the Crypto Space
Alteroc



AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading