$QTUM / $BTC
Showing a double bottom pattern about to flip ~25k sats resistance into support for a new leg up to ~28K sats (~14%)
Volume rising, MACD showing a bullish divergence while UCTS showing buy signals on 6H or lower timeframes...
Let see how it evolves..
QTUM / USD Short-term price analysis
QTUM has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a bearish head and shoulders pattern is starting to form, which could trigger the next bearish move lower in the QTUM / USD pair.
BTC is starting to rally & the consolidation may lead to continuity but for now we're seeing the king retake it's place up on the throne where it belongs...its times like these, when more volume is swapped within a matter of minutes than you'll see during a matter of days-weeks in some bear runs with nonstop sideaways priceaction, where you have to be disciplined...
bull flag formed and we have just broke out and the target is as shown on the chart and the stochastic is going up so we are more likely to hit the target
all info provided by me is not a financial advice and I'm not a financial adviser .. its all just my opinion based on TA