Qtum Btc Analysis

BINANCE:QTUMBTC   Qtum / Bitcoin
Buyers seem to be appetizing despite the selling pressure. The cup handle formation seems to be forming on the 4h candle chart in 3-month . If the handle is formed, it will try the 2936 sat. resistance closest to the memories. But first of all it has to break the 2588 ~ 2662 range.

This is my personal work. it is not investment advice. I wish to everyone luck.
Trade active: handle worked. Next step, it needs to break the upper trend line that forms the triangle.
Trade active: reverse shs occured. my first target 2900 ~ 3100 sat.

Trade closed: target reached: profit in the pocket ;)


I agree 100% with your chart reading.
+1 Reply
ruble adhkr
@adhkr thanks for comment
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