Long
QTUM Broke out of channel - Moving to next support?

Hello and happy Thursday traders!
On the 1H chart, I noticed earlier today the possible div. trend reversal. The reversal broke out of the channel as well, which is a good sign to hopefully switch to being in a up trend
Next stop, $13.6 to consolidate. Chances it could happen at $13.3 as well.
I am currently LONG and in trade already.
NFA - DYOR - SHIELD AGAINST FOMO & FUD
On the 1H chart, I noticed earlier today the possible div. trend reversal. The reversal broke out of the channel as well, which is a good sign to hopefully switch to being in a up trend
Next stop, $13.6 to consolidate. Chances it could happen at $13.3 as well.
I am currently LONG and in trade already.
NFA - DYOR - SHIELD AGAINST FOMO & FUD
Note
Rallied all the way to $14 and hit an area of consolidation. Once we can push beyond $13.7, I think we'll have the momentum to go above the current candle peak of $13.9 and on to the next resistance of $14.2-$14.3.See you all there!
Note
After breaking out of the channel, there was a bit of consolidation in a descending triangle. We've broken out to the top side as indicated with a bull div (2nd to last indicator in my chart).Next stop will be $14 to see if we can hold there again before pushing up. Hopefully it goes well above and doesn't double top.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.