depinz

QTUM Reddit AMA planned for Sept. 13th, Move up anticipated

Long
depinz Updated   
BITTREX:QTUMBTC   Qtum / Bitcoin
On the 4h chart, QTUM is currently fighting resistance at the 0.786 fibonacci level. With the Reddit AMA planned for September 13th, I expect it to break that resistance and make a steady move up towards the 1.618 Fibonacci level. I am no expert and this is my first chart so take this with a grain of salt.

TDI Indicator, MACD indicator and RSI are all showing upward movement.
Volume has also been steady in the past days as shown on the chart.

As a reference, here's the QTUM official announcement: twitter.com/QtumOffi...s/907334877472681985

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BTC: 1ApRBwtGXC1jysXFt2MCJQaNLf4u827kxf
ETH: 0x85cec34f45Be8a8dcb184aceEc260097c715579C
Comment:
We failed to break resistance at the 0.0035 level.

I think we are going back to support between 0.0020 and 0.0023 before going back up. This may happen between now and mid next week. Starting mid next week, I expect the price to start moving towards the next resistance level at 0.0045 .

Buy orders can be set between 0.0020 and 0.0023 support levels.
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