QTUM/USDT Regaining the 200MA after Bitcoin initialized dropdown

30 thg 6, 2021

QTUM did break through below the 200MA initialized from the Bitcoin drop.
Now QTUM is in recovery mode to gain the 200MA back as support.
The previous support around 4.5$ did hold and the next target is the lost 7.7$ line.

As a major proof of stake Blockchain QTUM should have a great 2021.




Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.