Commodity : QTUM Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point. Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-4 weeks
Investment in trade : 15% of the total Trading Balance. Prospective Profit : 8% to 35% Prospective Loss : 4% RRR : SL to TP1 is 1.8, SL to TP2 is 2.8 , SL to TP3 is 5.2 and SL to TP4 is 7.4
Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Last dump make me disbelieve of this coin, but I still want to create assumption and conspiracy theory:
1. QTUM very big bag holders made agreement with Whales to pump it which that is: They will pump if they can buy in very low price (Pump cost - dump cost = profit)
2. Whales put buy order at low price
3. QTUM bag holders dump till reach the target price which whales asked
4. Whales pump immediately
5. Now whales strict on TA to do resistance breakout
1. QTUM very big bag holders made agreement with Whales to pump it which that is: They will pump if they can buy in very low price (Pump cost - dump cost = profit)
2. Whales put buy order at low price
3. QTUM bag holders dump till reach the target price which whales asked
4. Whales pump immediately
5. Now whales strict on TA to do resistance breakout
1 - 4 is automatically by bots algorithmic.