QTUMUSDT is good for a scalp trade.


QTUM did have a good raise last days. Today it shows many of bullish sign that makes me confident to give it another try. The bullish signs are including:
- Double bottom pattern on daily chart .
- MACD , macd line cross up zero line.
- The Tenkan-sen crossover the Kijun-sen (of Ichimoku Kinko Hyo).

There will have a small pull back of QTUM due to strong Fib. 61.8% resitance decline, there will be a good chance to buy QTUM on next correction.

Buy zone: 2.9 to 3.1 (Fib. 50% and Fib. 61.8%)
Sell targets: 3.3 and 3.6
Stop-loss: Below 2.8 (Fib. 23.6%)

P/S: This is not a financial advice.
Comment: 1st target reached.
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