Crypto Screener Forums Emerging markets – TA – Forecast Qtum (QTUM) Forecasts – Technical Analysis Reply To: Qtum (QTUM) Forecasts – Technical Analysis

#1158
margincall
margincall
Keymaster

QTUM is looking good for speculators that would like to enter the market for a longer term trade.

qtum forecast

The market is showing us a beautiful cup and handle with a perfect double bottom contained within. The Ichimoku cloud still indicates a lot of selling on the market, but we have broken above the cloud which is considered a bullish sign.

I am buying some qtum here to hold for a longer term trade, however there could be a breakout above $52 in which case I will recover my initial should the gains be substantial.

Qtum is a great project to invest in and I am taking this opportunity to buy a little bit more.

Please note this should be considered a Long Term Speculation! AKA a HODL!