Let's have a look at QTUM. It is on a verge of breaking out of huge falling wedge dating back almost two years (or just broke out if we measure out the vicks). What cought my eye was the significant increase in volumes on a weekly time frame. As some would suggest it has peak selling off and those usually happen before trend reversal.
Some positive news of offline stacking and other improvements in Q2 and Q3 are announced. More info at QTUM page.
I would still be coutious and wait for a confirmation for those who are super conservative, others who are a bit more liberal might start to buy in small parts.
I would go 10-25% and ladder down all away to a major support as it may also break down of the falling wedge (less likely to happen).
I would also buy into strength if it broke out to the upside.
Some positive news of offline stacking and other improvements in Q2 and Q3 are announced. More info at QTUM page.
I would still be coutious and wait for a confirmation for those who are super conservative, others who are a bit more liberal might start to buy in small parts.
I would go 10-25% and ladder down all away to a major support as it may also break down of the falling wedge (less likely to happen).
I would also buy into strength if it broke out to the upside.