Trade Recommendation: Qtum
The price is going to bounce from the support zone which is formed by the uptrend line from the higher time frame and 0.035000 support level. RSI confirms price reversal and MACD histogram supports upward movement. It’s a trading opportunity.
Pending orders for buy should be placed at the 0.035300 level with stop orders at the 0.033700 level. Profit targets are 0.038000 and 0.042000 resistance levels. If you don’t use leverage, trading volume for this trade is up to 5% of your deposit.
Profit Targets: 0.038000 and 0.042000
The trading signal is based on Bittrex chart.
Disclaimer: The analyst does not have investments in Qtum.
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