Qtum very close to breakout out. Divergence on the CCI. Reverse head and shoulders completing. We're now just awaiting a BTC rally, expecting BTC to now test the 200 weekly SMA first. Looks like a great long entry point to me.
It seems Bitcoin has now found substantial support above 6k at multiple levels. With bearish pressure easing over the last few days, Bitcoin looks set to test 7k. If the bulls can breach 7k and clear; we could be looking at a test of our last significant high 8.5k. That being said, Bitcoins following move may rest on the outcome of an ETF decision on September...
