Qtum / Bitcoin
Long
Updated

QTUM Forecast

377
Chart is self-explanatory. One must note the huge resistance at 420,000 price level. However QTUM has much potential which should overcome such resistance in the future.

Events:

16 January 2018 Starbucks Partnership
22 January 2018 Oxford-Style in Davos
26 January 2018 Blockchain Conference

This is not an investment advice, do your own research.
Trade active
QTUM took quite a hit following BTC's bleed.

Price went below buy target floor (330,000). This may be an opportunity for those who like to take risks. It would be wise to wait for a reversal and upward trend prior to committing. However, QTUM should recover like every other coin.

A closer look at the chart shows that a cup-and-handle is about to form. If the handle is bullish it should trigger the 330,000 (buy target) and trade is again active.

Goodluck & hodl!

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