QTUM has been in accumulation phase since the very beginning, and the first reversal signals are finally showing up.
The falling wedge has been broken upwards, with MACD confirmation, price breaking the EMA9 and RSI breaking the downward trend.
Volume is not so high, but I'd say that the bottom has been touched, momentum is leading up and targets now are:
- 350k sats (which corresponds to 1.618 fib extension too)
- 426k sats
Happy trading everyone!
The falling wedge has been broken upwards, with MACD confirmation, price breaking the EMA9 and RSI breaking the downward trend.
Volume is not so high, but I'd say that the bottom has been touched, momentum is leading up and targets now are:
- 350k sats (which corresponds to 1.618 fib extension too)
- 426k sats
Happy trading everyone!