Enjoyed doing this chart, quite simple, the potential for losses are very low.
As we can see, although the lower trendline is not very technical sound; it is one that can be used as a referral point; we can expect a retrace in that region which allows an entry for a future bull run.
Fundamental Analysis:
QTUM has a Mainnet in August and further events in September; therefore, we can expect it to make a rally sometime soon; and as we all know it is important to enter early.
IMPORTANT:
Set Stop-Losses a few pips away from the lower trendline .
Set first targets near the resistance and watch the trade from there, as it may push back down at that level.
-Megalodon Whales
Stay safe, manage risk, PLEASE LIke/Comment & SHARE
QTUMBTC
QTUMUSDTQTUMUSD
QTUMEURQQTUMBTCQQTUMBTC$KRAKEN:QTUMXBT
As we can see, although the lower trendline is not very technical sound; it is one that can be used as a referral point; we can expect a retrace in that region which allows an entry for a future bull run.
Fundamental Analysis:
QTUM has a Mainnet in August and further events in September; therefore, we can expect it to make a rally sometime soon; and as we all know it is important to enter early.
IMPORTANT:
Set Stop-Losses a few pips away from the lower trendline .
Set first targets near the resistance and watch the trade from there, as it may push back down at that level.
-Megalodon Whales
Stay safe, manage risk, PLEASE LIke/Comment & SHARE
QTUMBTCQTUMUSDTQTUMUSDQTUMEURQQTUMBTCQQTUMBTC$KRAKEN:QTUMXBT
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