ZonedOutDad

QTUM accumulation in asc. triangle [potential 75%; RTR 3.95]

Long
ZonedOutDad Updated   
BINANCE:QTUMBTC   Qtum / Bitcoin
TA:
>Price consolidation on rising OBV into ascending triangle (likely bullish breakout)
>Accumulation volume seen on volume profile
>Fib resistances as charted

FA:
>TLDR one liner: strong China POS platform coin relatively newer than NEO
Trade active:
broke up, rejected by a lower volume BTC selloff followed by a weekend holiday, floating above entry, still in ascending triangle, holding.
Comment:
rekt
Trade closed manually:
Trade closed manually. $QTUM broke down from the ascending triangle. Not bullish for the short term:
Trade closed manually

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.