Last week, QTUM tripled its price and approached the 10th largest cryptocurrency.
The 4-day "acceleration" rally spilled over into 55% rise with the achievement of ~$ 34
Crossing the moving averages we see purchase for the third day. Thus, the filter of short false flights is passed.
Today, the rate is slightly adjusted, testing the strength of the trend at the achieved levels.
Support level now is the former resistance - about $ 20.
The technical conclusion from this graph is unambiguous: the exit from the 4-month range trading into an increasing trend.
Recommendation: buy on a rollback to $ 20- $ 22
The cancellation of the bullish strategy is below $ 15 on the closing day or the crossing of moving averages on sale.
The 4-day "acceleration" rally spilled over into 55% rise with the achievement of ~$ 34
Crossing the moving averages we see purchase for the third day. Thus, the filter of short false flights is passed.
Today, the rate is slightly adjusted, testing the strength of the trend at the achieved levels.
Support level now is the former resistance - about $ 20.
The technical conclusion from this graph is unambiguous: the exit from the 4-month range trading into an increasing trend.
Recommendation: buy on a rollback to $ 20- $ 22
The cancellation of the bullish strategy is below $ 15 on the closing day or the crossing of moving averages on sale.