New Signal
Coin: #QTUM/USDT
Trade Signal: Long
Observations:
1. The QTUM coin is currently within a channel, yet to break out. While some may prefer to wait for the breakout before entering a long position, I suggest initiating a long position at the current price.
2. Despite Bitcoin's volatility, it's exhibiting bullish tendencies, indicating potential upward movement for QTUM as well.
3. Total3, a metric for altcoin market sentiment, is showing bullish signs, further supporting a positive outlook for QTUM.
4. QTUM is demonstrating robust support at its current level, signaling a strong bullish sentiment.
Trade Plan:
Entry Price: $3.72
Targets:
1st Take Profit: $3.85
2nd Take Profit: $3.93
3rd Take Profit: $3.99
4th Take Profit: $4.14
Leverage: 10x
Stop Loss: $3.62
note it's not financial advise do on your own risk
