zomlot
Long

Good entry area

BITTREX:QTUMBTC   Qtum / Bitcoin
e have many things to talk about
The chart in front of us shows us support areas and resistance and the bearish and rising trends clearly
When we follow the process since the last rise on 7 December 2017
Our support and resistance areas are as follows
0.00144893 BTC Support area turned to resistance
0.00170056 BTC resistance area turned to support
0.00203104 BTC resistance area turned into support and considered a support area (resistance) strong price is now
0.00282399 BTC area resistance turned into support
0.00405990 BTC area resistance turned into support
We have a red candle that hit the stop loss and broke the upside move on March 7, 2018
This candle pulled out the traders from the market

The price now responds to a strong support area at 0.00203104 BTC and the price reached below the 30 point line on the RSI
We expect the price to rebound from that area gradually until we reach the strong resistance zone 0.00282399 BTC

The probability of a break and breach of the support area is 0.00203104 BTC The prices will be limited between the new support area at 0.00170056 BTC

The point of entry is now good, and it is preferable to buy gradually and support the purchase from the bottom in the case of a drop to the areas that have already been injected
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