Get started
tcr_thecoinrepublic

Has The Consolidation Of QTUM Coin Price Came To An End?

Qtum / TetherUS (BINANCE:QTUMUSDT)  
tcr_thecoinrepublic  
BINANCE:QTUMUSDT   Qtum / TetherUS
Trend Analysis Chart Patterns Technical Indicators
3
1
trendanalysis chartpattern indicator
The weekly technical chart of the QTUM hints towards a strong momentum in price. On coming to the daily chart, the coin price has seen a breakout from the consolidated range and can soon rally to a new high. The upside trend of the QTUM may face a threat near the value of $7.5 Meanwhile, the support of the asset can be found near $5. The token price is currently trading below its major support levels. The 50MA line is at $8 which can make it a potential threat for the price. If the coin jumps 15 to 20% above the current zone then a strong bullish trend in the future can be observed. QTUM/BTC pair can also see a strong trend in the future.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.