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FRXMACHNE
Mar 28, 2018 8:05 AM

QTUM forming a bull Flag Short

Qtum / BitcoinBinance

Description

Hey fellas, here is another update. I used pivot points indicator which is a price level that is used as a possible indicator of market movement.

A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period.

The retracement is 38.2%. It has found a solid support. RSI is not looking good but it is moving up. It is showing a bull Flag. It might just pump up a bit.

Trade with caution :)

regards,
Comments
Doc-al-Citadel
i'm ready mate ;-)
FRXMACHNE
@qdoc, Good bro. I bought it too. hopefully, it will give us a good return.

Cheers Bro :)
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