QTUM/BTC approaching Support Zones: Quantum ready to buy again ?

16 Mar 2019

Quantum had quite a spike which has mostly retraced.
It is now approaching some Fib support zones to watch.
BUT need signs of accumululation (sideways for a while).

600-610 would be the Ideal bounce point.
569-580 should bring very strong buying.
520-569 could breach, but better bounce hard.

16 Mar 2019

Not

Decent bounce so far at the fist support zone

Closeup shows the EXACT bounce off support line at 610 but also shows a ceiling at the green 2.236. Hopefully price will meander in this zone for a day or two (accumulation) and then start to rise .

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20 Mar 2019

Not

Back to the first support zone, and seeing a bit of a bounce. But I do NOT think it will hold again, lets see

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21 Mar 2019

Not

Still holding just above first support. But the second bounce was anemic compared to the first. Unless there is some new development, I think it will fall through to the next support below

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