QTUM - Good Short Gains, Even Better Long Gains
INTERPRETATION
QTUMBTC
consolidation period possibly complete & prepping for another bullish run for short-term profits. Possible target extrapolated using previous bull runs. Lots of progress & growth in project that has generally gone unnoticed makes QTUM undervalued as the price will likely continue to advance making it a healthy hold for long-term profits.
BUY SIGNALS
- T&K bull cross
- Price-T&K bull cross
- Price-Cloud entry & breakout
- Increasing momentum
CAUTIONS/CONFIRMATIONS
- Price crossing 38.20% fib line @ 4105 should provide assurance in bullish run
POSITION
Entry @ 3200 (Short Target @ 5500)
QTUMBTC
consolidation period possibly complete & prepping for another bullish run for short-term profits. Possible target extrapolated using previous bull runs. Lots of progress & growth in project that has generally gone unnoticed makes QTUM undervalued as the price will likely continue to advance making it a healthy hold for long-term profits. BUY SIGNALS
- T&K bull cross
- Price-T&K bull cross
- Price-Cloud entry & breakout
- Increasing momentum
CAUTIONS/CONFIRMATIONS
- Price crossing 38.20% fib line @ 4105 should provide assurance in bullish run
POSITION
Entry @ 3200 (Short Target @ 5500)
