Hello,
a retracement is expected here this coin is heavily over valued and controlled by some chinese whales i trade on CHBTC most of the time chbtc has the highest volume on qtum also higher as bittrex.
Monero as example just breached the 1 billion mark after 1 year + . Qtum almost got also one billion but it just appeared 1 - 2 months ago this is a unrealistic price i could see the marketcap going to 200-300 million.
i drawed the the support areas you can make 12-20% on the bounce in case the the price drop to my buy area. There are 2 possible buy zones so i suggest not to go all in on the first buy a half position there if it goes to the next support area buy more.
- rakim
a retracement is expected here this coin is heavily over valued and controlled by some chinese whales i trade on CHBTC most of the time chbtc has the highest volume on qtum also higher as bittrex.
Monero as example just breached the 1 billion mark after 1 year + . Qtum almost got also one billion but it just appeared 1 - 2 months ago this is a unrealistic price i could see the marketcap going to 200-300 million.
i drawed the the support areas you can make 12-20% on the bounce in case the the price drop to my buy area. There are 2 possible buy zones so i suggest not to go all in on the first buy a half position there if it goes to the next support area buy more.
- rakim
Comment:
Im sorry that the chart is so small :( sometimes the indicators pops out this must be a bug of tradingview. I will post a clear picture later
Comment:
Order cancelled : not focusing on qtum anymore.