QTUM/eth entry; QTUM/btc exit - ride the wave
Ethereum has been showing strength and will likely continue to rally with alts until BTC there's a break in the tightening weekly equilibrium pattern.
RSI on daily QTUM/ETH chart is oversold and has historically provided a solid buy signal.
Best to take profit into BTC since it is relatively weaker than ETH, but is consolidating for its big move. We can use a stop loss into ETH because short term ETH it will appreciate against BTC.
EP: below .026
TP1 .000285 BTC 0.30%
TP2 .000420 BTC 0.30%
SL .022 ETH
**this is not investment advice, for educational purposes only
RSI on daily QTUM/ETH chart is oversold and has historically provided a solid buy signal.
Best to take profit into BTC since it is relatively weaker than ETH, but is consolidating for its big move. We can use a stop loss into ETH because short term ETH it will appreciate against BTC.
EP: below .026
TP1 .000285 BTC 0.30%
TP2 .000420 BTC 0.30%
SL .022 ETH
**this is not investment advice, for educational purposes only