QTUM is forming Bullish Crab Pattern, which already hit first target. If you wanna trade this Pattern again, try to catch retrace of first impulsive wave like you can see in chart. Targets, StopLoss, buy zone is written in chart. This Cryb pattern is precise and price action in PRZ was excellent :)
Sitting over support at ~22k Sats, previous iterations with this level lead to a bounce back to 25k sats (13% movement)
RSI at oversold levels (leaving this could be a first signal)
Volume started to show good activity (Volume preceeds price)
$QTUM / $BTC
Showing a double bottom pattern about to flip ~25k sats resistance into support for a new leg up to ~28K sats (~14%)
Volume rising, MACD showing a bullish divergence while UCTS showing buy signals on 6H or lower timeframes...
Let see how it evolves..
-Reasons for trade:4hr
-bullish rsi divergence
-macd bull cross
-Ascending Triangle bull break
-1.618 Fib Extention
-Be sure to move stoploss to average entry when Take-Profit 1 is reached to make this trade risk free.