QTUM seems to be in a good position to perform to the upside short term. If we do see BTC go to 6550 before going down, I think QTUM will probably jump around the .0017 area and then will establish a higher low while BTC will establish a lower low.
We need to see confirmation with BTC, obviously this market is not in a friendly trade environement but there is opportunities.
We need to see confirmation with BTC, obviously this market is not in a friendly trade environement but there is opportunities.
Note
QTUM got some upside action to come it seems, with a clear double bottom if btc sees bullish continuation for the coming days I thonk QTUM will outperform BTC pretty hard short term, will probably face some resistance at .0017 and even as high as .0023 mid term.
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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.