This is a 6hour chart of qtum. Qtum had a huge run a few days ago and formed a triangle pattern, with the strong run looking to continue after the breaking out the triangle.
We can set our buy orders at around 3100-3250. With a stoploss at 2800. Target is the fib level labeled with a green box.
*Bitcoin may be correcting again so switching into USD is a safe option. You can ignore this trade because of the risk involved at this time.
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One hour chart, truth shall prevail soon. I find side-way consolidation unlikely. Have your stop losses ready.
Good luck!
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To my surprise, it is consolidating sideways. Almost like watching paint dry. We will see how tomorrow goes.
I would rather buy these coins than buy usd and risk the BTC valuing and I lose a significant amount of BTC