EuroMotif

QTUM/BTC approaching Support Zones: Quantum ready to buy again ?

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BINANCE:QTUMBTC   Qtum / Bitcoin
Quantum had quite a spike which has mostly retraced.
It is now approaching some Fib support zones to watch.
BUT need signs of accumululation (sideways for a while).

600-610 would be the Ideal bounce point.
569-580 should bring very strong buying.
520-569 could breach, but better bounce hard.
Bình luận:
Decent bounce so far at the fist support zone
Closeup shows the EXACT bounce off support line at 610 but also shows a ceiling at the green 2.236. Hopefully price will meander in this zone for a day or two (accumulation) and then start to rise .

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Bình luận:
Back to the first support zone, and seeing a bit of a bounce. But I do NOT think it will hold again, lets see
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Bình luận:
Still holding just above first support. But the second bounce was anemic compared to the first. Unless there is some new development, I think it will fall through to the next support below
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