Don't rule out a QTUM breakout just yet

٢٢ ديسمبر ٢٠١٧

In the past few days, many of the MA's for QTUM was looking at the possible bullish pennant forming. This pennant broke down after a BTC correction, which was unfortunate to see, BUT I wouldn't count out another breakout just yet. It appears that QTUM is developing a downward sloping flag, with the prices following a downward channel. Within this channel, there is current support between .0025 and .0029. If you are still looking to find a good buying price, keep an eye on the chart to see if it will cross that upper resistance line. If it does, it would be good time to buy before another possible breakout!

Cheers.