QTUM RETESTING PREVIOUS RESISTANCE AS POSSIBLE SUPPORT?

in cryptocurrency •  7 years ago 


Coin Telegraph

GOOD EVENING STEEMIT!

I've been following the QTUM price action on Twitter and the blog for a bit now and I just wanted to post a little update as one of the key levels turning from resistance to possible support.

Well, more that us pre-mainnet release holders need the level to turn to support here, or it's pretty damn bearish and new lows could be on the cards fairly quick.

Check out the chart here:

QTUM/USD 4 Hourly

Come on you mofo, hold!




Just before I wrap things up for the night and hit the hay, I wanted to give a shout out to @cryptoleen who after coming across my blog in comments, wrote a great NEO v QTUM post which is well worth a look.

Nighty night Steemit :)

Peace.




Related @forexbrokr CHART ART Blogs

If chart setups that I've spoken about before are related out then I'll leave them here.

JUST HOURS UNTIL QTUM MAINNET RELEASE - 10PM BEIJING
IN SEARCH OF THE NEXT CRYPTO 10 BAGGER: WHAT IS QTUM?




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Forex traders need to quit trading and invest in cryptocurrency, period. Fx is out.

Why not do both? :)

I have done both for years. One doesn't compare to the other. Two different mechanisms. Forex is a tool for institutions. Cryptocurrency is for the people. You can make money in both but the red tape for Forex is a mess. Let's not even mention how Dodd-Frank ruined it for US retail traders. I'm American, I traded overseas until they pressed every reputable broker into compliance, even with off shore branches. Every established broker I got into off shore despite being an American just had horrible service or price feed, and very little recourse when problems arise. I'll stick with the crypto. Thanks for asking.

Forex trading for Americans is horrible because you've regulated your domestic industry into submission and blocked citizens from trading with even reputable overseas regulated brokers.

The stupid thing is that it actually just encourages Americans to trade with unregulated brokers based in central America. It's a joke.

"Land of the free" - LOL

Im big on QTUM as well, but right now i dont mind the drop in price, I need to pick up a few hundred more before Im satisfied with my holding, so the cheaper the better right now haha

I feel you mate. Keep accumulating while we can on the cheap. The potential is too great to let the opportunity slip.

Qtum has potential to go up and cross 0.005..i hope this will happen soon..ALL thebest brother <3

ALL thebest brother <3

<3 <3