QTUMBTC let's setup buy orders on this retrace .. Easy trade !

I will setup buy orders for QTUMBTC on retrace @ support area and also trendline (blue line)

Buy on green flags @ 2750 and @ 2250

Sell on red flag ( I expect new highs @ 5k area) ... or where you feel confortable with profit ...

SL 1950

I don't use leverage on this trade ... We can have 80 - 100% profit without any stress

Nice events ahed for Qtum in next period !! We can even have 10$ price! Let's see ;)

Cheers!!!


PS. If is not getting filled no problem ... We will find other trade ;)

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I will cancel this trade...I don't think we will go back so low now

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I will retry this setup ... looks very possible ;)

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First I want to cancel this post, after I see qtum pump like hell, but now with this retrace is very very likely to happen...I think BTC wil stop @ 11k (we have a stop loss area there with plenty orders to catch before we go back up...) and Qtum will stop @ 3$ ... we have our entry's ...worst case scenario we go to fib 0.786 ...Cheers!!!

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Small update...we are very close to our entry zone...

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Perfect entry