davec83
Long

QTUM/BTC - New cycle around the corner!

BINANCE:QTUMBTC   Qtum / Bitcoin
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I'm bullish on Qtum. This is MY trade idea, and I'm sharing this with you.

Qtum had a correction that wiped over 90% of value. Things are starting to change, we are now seeing how the supply is being absorbed at the "value zone". Panic selling has stopped abruptly, and instead of lower prices, we see a significant increase in demand. Less supply leads to higher prices.

I think this is a good entry point (~0.000624), but you could wait for confirmation once the uptrend crosses 0.000724.

Targets are marked on the chart, but I will be locking profits as price goes up.

Thumbs up if you agree with this idea.
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