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Qtum
Long

QTUM - $15

By cryptomathemagician
QTUM was consolidating in the $2.2 to $4.2 area for over a year and made multiple attempts to break it. Once it broke the resistance at $4.2, we saw an immediate move towards the next resistance at $5.5 which did not hold. QTUM will target the next resistance zone at $9.9 and could get rejected and drop down towards $5.5 and $4.2 to retest for support and continue the journey upwards. If it can flip the resistance at $9.9 in an impulsive move, then we are likely to see QTUM heading towards $11.8 and $15.0.
QTUMUSDTrend Analysis
cryptomathemagician
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