cycles and targets are clear on chart.in this type of cycle i choose a short term target and long term downside and then another jump. good luck and if this analyze deserve a like press that.
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short term target still active but downside power and pressure is very high and risk management is not good in type of counter trend trade.
Along with MACD, there is Bullish divergence on the momentum indicator too with the price forming lower low but the momentum forming higher low.
Trend is expected to reverse soon, from downtrend to uptrend. This may be a good time to start accumulating.
I posted it in my analysis here:
cardan6006
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good dump
Alireza558
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Nice . Thanks a lot
Rumi7
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U r the best my friend.. i will be apriciated if u analyse long term analysis of qtum/usd... do u c any recovery for this coin?
Trend is expected to reverse soon, from downtrend to uptrend. This may be a good time to start accumulating.
I posted it in my analysis here: