Hi All,
Trading QTUMUSD we have a good looking chart on both the 4 hour and daily time frames
EMA's: On the daily chart we had the 55 cross above the 200 a few days back. And now the 55 is about to be crossed to the upside by the 9,13 and 21 EMA's. Very bullish sign.
RSI: Looking bullish to me by making higher lows. See the trend line in yellow on the chart.
MACD: We have just crossed over into positive territory and have some nice bullish divergence happening. Plenty of room for this puppy to run.
I've bought in at $19.50
Stop Loss: $16
Target: Minimum 20% profit target with this trade. Ideally 30% or higher.
BITTREX:QTUMUSDBITTREX:QTUMUSD
Trading QTUMUSD we have a good looking chart on both the 4 hour and daily time frames
EMA's: On the daily chart we had the 55 cross above the 200 a few days back. And now the 55 is about to be crossed to the upside by the 9,13 and 21 EMA's. Very bullish sign.
RSI: Looking bullish to me by making higher lows. See the trend line in yellow on the chart.
MACD: We have just crossed over into positive territory and have some nice bullish divergence happening. Plenty of room for this puppy to run.
I've bought in at $19.50
Stop Loss: $16
Target: Minimum 20% profit target with this trade. Ideally 30% or higher.
BITTREX:QTUMUSDBITTREX:QTUMUSD
Trade active:
QTUM breaking out now along with Bitcoin. Plenty of room for growth over the course of the week and to make really nice profits.