Trade Recommendation: Qtum | Hacked: Hacking Finance
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Analysis

Trade Recommendation: Qtum

Posted on .

Trade Recommendation: Qtum

Introduction

This article was posted on Monday, 12:02, UTC.

If we look at the 1H chart, we can see that the market is in an uptrend. The price is above the kumo and it gives us buy opportunity. DMI indicator confirms trend market conditions and allows trading. ADX line rises and it tells us that bulls become stronger. Also a flag chart pattern, which we can draw on this chart, is belong to a continuation group of patterns. We should expect for further upward movement. If so, pending orders for buy should be placed above the top line of the flag pattern. It can be 0.048700 level. Stop orders must be placed below the support at 0.043700 level. The main profit target is 0.055000 level. Also a part of long trades can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 0.0487000
Stop: 0.043700
Profit Targets: 0.055000

The trading signal is based on Bittrex chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR The Big D

    Posted on 12:26 pm August 28, 2017.

    Hi Dimitriy, do you mean 0.00487000 not 0.0487000 buying signal?
    The current price is 0.00367433 on bittrex. Or am I being stupid and missed something …

  • user

    AUTHOR Namkyue Kang

    Posted on 12:32 pm August 28, 2017.

    Is 0.0487000 ETH – QTUM?
    Thank you for the analysis.

  • user

    AUTHOR Manymoney

    Posted on 1:02 pm August 28, 2017.

    What price is .047

  • user

    AUTHOR justinorwell

    Posted on 1:35 pm August 28, 2017.

    Hi, Its obvious from the Chart above that its ETH-QTUM the author is talking about.

    • user

      AUTHOR Manymoney

      Posted on 1:47 pm August 28, 2017.

      I got it thanks , i have put a buy order btc/qtum.. as soon as its .055 in eth/qtum. Will sell my order. Its brute idea hope it works

  • View Comments (5) ...
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