mumbojam

Cup and Handle QTUM!

Long
mumbojam Updated   
BITTREX:QTUMBTC   Qtum / Bitcoin
QTUM over the past 6 weeks has formed a cup and handle and seems to be breaking the handle now.
I could not show the full cup as tradingview has not had QTUM for long but it has been seen.

Since we see it breaking the gray circle, all the moving averages indicate bullish movement on the breakout of the handle.
From the bottom to the peak of the cup is around a 30% increase in profit, but you may hold longer.
Trade closed: stop reached:
Look's like a triple top was formed to break out the gains. Will still be holding for the incoming news.
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