As per the weekly candle, it is important for QTUM to flip the resistance at $7.8 to support. If it can close few daily candles above this zone, we could start seeing a move towards the next resistances at $9.9, $13.2, $15.6 and $22.5. Failure to hold $7.8 could lead to a drop towards $5.1.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.