QuantumStamp VS Bitcoin Upcoming Reversal

in #quantstamp • 7 years ago

quantstamp cryptocurrency qspbtc.jpg

QuantumStamp topped at 5422 satoshis, after which the correction down begun. Price broke the uptrend trendline and went further down, where it found the support at 1700 satoshis.

At 1700 satoshis, the 76.4% Fibonacci has been rejected cleanly, as well as 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. At the bottom, RSI oscillator formed a bullish divergence, followed by the break above the downtrend trendline.

Such price action suggests the end of correction for QSP/BTC and potential continuation of a long-term uptrend.

Source: http://cryptopost.com/quantumstamp-vs-bitcoin-upcoming-reversal/
Telegram channel: http://Cryptopost.com

quantstamp cryptocurrency qspbtc technical analysis chart.png

#cryptocurrency #qspbtc #trading #bitcion
7 years ago in #quantstamp by
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