QTUMUSDT D4: Accumulation // 25%/40% gains/correction later

Dec 1, 2020

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QTUMUSDT D4: Accumulation // 25%/40% gains/correction later
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect 20-30% gains before
reversal later (BEARS).

🔸 Summary and potential trade setup
::: QTUMUSDT 4days/candle chart review/outlook
::: long-term accumulation in progress
::: BUT ALMOST topped out for this cycle already
::: 20-30% gains remain short-term only
::: expecting 40-60% correction next few months
::: to complete the sequence
::: before it can finally breakout of the range
::: correction is REQUIRED
::: later we can pump 200%+ from that base
::: but that's not until 2021
::: limited upside in 2020 so just SHORT IT
::: higher risk strategy: BUY/HOLD exit +30% gains
::: bulls have to BUY/HOLD at market now
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing tarde
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BULLS/final PUMP

Dec 1, 2020

Note

20-30% gains remain short-term only