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

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.

Note

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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Note

Back to the first support zone, and seeing a bit of a bounce. But I do NOT think it will hold again, lets see

Note

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

EuroMotif

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Aussi sur: