ScottMelker

QTUM Flagging

ScottMelker Updated   
BINANCE:QTUMBTC   Qtum / Bitcoin
Quick look at $QTUM

1. Forming a nice bull flag (pink)
2. Hidden bullish divergences on multiple time frames.
3. MACD bullish crossover on the 4 hour.
4. Symmetrical Triangle also playing out.

Finding heavy resistance at the 200 EMA on the daily.
Comment:
Popped, just as expected. Flag break out led to triangle break out.

scott.melker@texaswestcapital.com
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