#19 - QTUM/USDTTrade opened today @3.30.
5 previous closed cryptotrades :
#12 : ZEC/USDT : 1st half position return : + 12.11 %.
2nd half position return : +0.12 %.
#13 : IOTA/USDT : 1st half position return : + 28.74 %.
2nd half position return : + 5.43 %.
#14 : GVT/BTC : 1st half position return : + 25.4 %.
2nd half position return : flat.
#16 : TRX/USDT : Position return : flat.
#18 : ATOM/USDT : Position return : - 14.62 %.
Don’t forget to follow the idea if you want to get updates.
If you win on the markets by following this idea, let me know it by commenting.
Qtumusdt
QTUMUSDT - Inverse head and shoulders trend reversal pattern 🔼Analysis 🔎: QTUMUSDT is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the right shoulder support level.
Growth potential up to 900% based on the giant triangle patternI have been monitoring the price movement of this chart for about a week
First, it broke the falling wedge pattern in the lower timeframes
This led to the breaking of the triangle pattern which restricted price movements for four months
then it pulled back and placed on the support area
There are many support levels in this area
The price is right above sma50, sma200 and ema200
I do not write much because no one likes to read
=====================================================================================
There are several target :
target 1 : fib 1.618 ( about 4 usdt )
target 2 : fib 2.618 ( about 5.5 usdt )
target 4 : fib 3 ( about 6 usdt )
target 4 : 25 usdt ( Based on the massive triangle pattern )
=====================================================================================
Sincerely, Little Bob