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DLavrov
Aug 28, 2017 10:03 AM

Qtum Buy Opportunity Long

Description

If we look at the 1H chart, we can see that the market is in an uptrend. The price is above the kumo and it gives us buy opportunity. DMI indicator confirms trend market conditions and allows trading. ADX line rises and it tells us that bulls become stronger. Also a flag chart pattern, which we can draw on this chart, is belong to a continuation group of patterns. We should expect for further upward movement. If so, pending orders for buy should be placed above the top line of the flag pattern. It can be 0.048700 level. Stop orders must be placed below the support at 0.043700 level. The main profit target is 0.055000 level. Also a part of long trades can be left for long run.
Comments
seifer101
Any updates! It was a pretty interesting 12 hours. Wondering if I should stay in or get out and wait for it to settle back down.
Musaozcan
seems to be reversed from top line of flag pattern. Any updates?
hyiptester2017
Great call as always! Keep rocking! What r ur views on Ardor n NXT? Tanx
El_Crypto_Ball
wish I saw this in time, nice call!
redpilledbycrypto
Trading starts on Coinone in Korea in about 15 minutes - expect this to be the catalyst for the increase?
UnknownUnicorn796556
applies for QTUMBTC?
DLavrov
@Srpinkman, the main idea yes, but levels will be different.
UnknownUnicorn796556
@DLavrov, Cheers, thank you for your advise!!! Keep being the ONE ;)
DLavrov
@Srpinkman, you are welcome )
without_worries
@DLavrov, Just noticed it was ETH! Bought in with BC @ 0037 or thereabouts - Seems to be a flurry of demand at the moment.
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