maca022

2 ideas for entry and exit on QTUM

BINANCE:QTUMUSDT   Qtum / TetherUS
Based on technical analysis there are two nearby zones of entry and exit. Fibonacci retracement at level 0.618 seems to be a good target zone for the QTUM USDT pair. This pair seems to move in a very distinctive pattern of plateau, rise, plateau, dive and so on.

Entry 1 @ 8.877 - 8.670 (hits a major support level)
Target Exit 1 @ 14.440 (coincides with another resistance level)

Entry 2 @ 12.050
Target Exit 2 @ 18.020

These values have to be monitored as time passes and price develops.

Cheers
Penafian

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