Hi guys i want to share my opinion about QTUM again
every thing is clear on chart :
1: qtum in weekly timeframe is in uptrend channel that it seems broke the bottom of this channel BUT! its now on strong support zone (yellow zone) that it broke this zone(as Resistance) on 8/feb/2021 with high volume and i do not think it can breake this support zone again and...
For a couple of weeks now we have seen this stock fall from its high i strongly believe that it will be reversing since its hit its support. Great time to buy and accumulate.
QTUM breakouts of symmetrical wedge.
Retest and bounce off from new trend support (old resistance) will confirm this breakout.
Take profits would be previous resistance levels.
