Qtum (QTUMBTC) Hits New Low (What Next?)
Updated
Qtum has hit a new low and this one has been oversold for a while now. Let's take a quick read at the charts:
Note: This is no trade advice.
Keep an eye out on this coin if you like it as it might move up soon.
Thanks a lot for reading.
Namaste.
- We are looking at some really strong divergence on the MACD. This chart shows 3 days per candle.
- Coming out of oversold.
- Still needs more volume.
- Trying to break above EMA10.
- QTUMBTC should breakout in 1-2 weeks if the market turns green. If not, it can continue on its slow decline. Early signals points to a corrective wave up at least.
- The weekly candle is forming a reversal candle. Weekly candle closes within 32 hours.
Note: This is no trade advice.
Keep an eye out on this coin if you like it as it might move up soon.
Thanks a lot for reading.
Namaste.
Comment
This one is already moving, over 10% increase since sharing.Good potential for QTUM as well.
We have a signal for this altcoin in our Telegram Signals channel.
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