mikan_a
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Joined Aug 19, 2021
chartpattern
cryptocurrency
indicator
qtum
qtumusdt
trendanalysis
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Qtum has been supported by the indicated huge ascending parallel channel which is from 14, Mar 20. As we confirm the channel bottom line support, it beautifully bounced back and penetrate the Ichimoku cloud and brings us bullish price action. So how about this time? well, the RSI bottomed pretty much similar to what has been happening those oragin rectangle...
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Just penetrate fib golden pocket, and almost touch the parallel channel next target $20.559 line. As long as it holds $16.480~$17.246, looks pretty much bullish for $qtum. TP1: $20.559 TP2: $25.733 after that, let's see if it can hold $25.733 or not.
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