BINANCE:QTUMUSD
It has borken resistance line and symmertical triangle
It`ll be overbuy soon, so it`ll have short term Retracement
The Retracement will stop at least 1.84USD to 1.76USD
1.76USD is Fibonacci 0.5 of Pumping and Up Trending Line arround
If it support 1.76USD, it`ll be pumping to 2.32USD over (up 30%)
When it can`t support 1.76USD, Dumping will...
BINANCE:QTUMUSD
The Qtum price can go up from 1.661 USD to 4.121 USD in 14 Days
The Qtum price can go up from 1.661 USD to 5.990 USD in 3 Month
Information provided is only educational and should not be used to take action in the markets!
For my own reference
- Like other Alts, Many guys already had gone.
- It had made a brutal new historical low with many guys' tear drops.
- Weekly candles looks like it's forming a falling wedge.
: I hope it can make trend reversal here or at the end of the pattern.
Take your own risk & get some money.
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.
Technical...
HI guys
This is Qtum daily chart. we are now in a strong support zone which is a great buy zone as well. although there is still chance that bearish isn't over after all but it's a good time to buy some. then we have 2 targets but it is very unlikely that movement breaks the 1st resistant but well who knows what's gonna happen?
pay close attention to the 3 pink...
