ForecastCity

💡Don't miss the great buy opportunity in QTUMUSD @qtum

Long
BITTREX:QTUMUSD   Qtum / US Dollar (calculated by TradingView)

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.

Take Profits:
TP1= @ 26.45
TP2= @ 28.51
TP3= @ 30.28
TP4= @ 32.73
TP5= @ 35.58
TP6= @ 40 .00

SL= Break below S2

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Comments

Very nice chart.
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Thank for your time and effort with creating your TA it's always appreciate!
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