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Qtum (Qtum) Update: Qtum is ready to launch!

BINANCE:QTUMBTC   Qtum / Bitcoin

Last few hours, Qtum has made a very impressive move. A noticeable volume spike was observed and it dramatically changed the trend. It seems that Qtum has successfully completed a long wedge pattern.

On the chart, the volume spike is appeared at the end of wedge , and it successfully breached the downtrend. The MACD is dramatically curved up and shows a positive signal.

If the Elliot impulse starts steadily, the Qtum will be priced at 0.0077 BTC (extensions in wave 5 are expected).

One thing to note is that if sudden price increases persist, you should pay attention to the change in RSI . When the RSI enters the overbought situation, it should prepare for a sharp decline.
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