August LONG setup on QTUM - Mainnet/Hardfork
QTUM Mainnet Release - v0.19.1 - Hard Fork - Mandatory update to introduce Offline #Staking on August 28th will provide a catalyst for buy the rumour sell the news type setup through August.
The chart looks promising as price has been consolidating at resistance for about 2 weeks now.
Volume shows renewed interest from buyers leading up to this consolidation.
Price target tools include:
1.618-2.0 Fib extension
Chaos PRZ (4.669 Fib extension from previous range)
AB=CD harmonic objective
The confluence of these location objectives is illustrated with a large green box, that should see a tag sometime before the Mainnet launches.
The chart looks promising as price has been consolidating at resistance for about 2 weeks now.
Volume shows renewed interest from buyers leading up to this consolidation.
Price target tools include:
1.618-2.0 Fib extension
Chaos PRZ (4.669 Fib extension from previous range)
AB=CD harmonic objective
The confluence of these location objectives is illustrated with a large green box, that should see a tag sometime before the Mainnet launches.
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