QTM is actually on a very important support level (fib retracement 23.6% and also a swing trend line). This level has been tested several times and till now it has shown enough strength to hold the price. But with falling momentum (nearly no volume), falling coin prices generally, a RSI in negative zone and perhaps crossing long trend line - the danger is high...
QTM jumped last weekend but fell back soon afterwards. Still, it's trading within an upward channel. I would consider this a bullish accumulation phase. In case of breakout, I expect at least the height of the range, roughly $80, as the first target. The crucial test would be $100. That will depend on the overall crypto market, I think.
QTM/USD BUY 1: $45.00 BUY 2: $40.00 TARGET: $70.00
It has finsihed 5 EW downward. I assume that ABC retracement started from the dip. To be on the safe side, you can wait for long term resistance breakout and confirm that with oscillators and a green candle. After the end of wave C, the next targets will be .0043BTC .0046BTC and .0049 BTC.
QTM is ready to fire up to a new high
It seem's to be wyckoff and the price will rise hard soon