#QTUM
The price is moving in a bearish channel on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the triangle at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 4.00
The first goal is 4.40
Second goal 4.68
The third goal is 5.00
The price is moving in a bearish channel on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the triangle at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 4.00
The first goal is 4.40
Second goal 4.68
The third goal is 5.00