QTUM/USDT tends to rise on the chart shown:
Price: 0.9548
Important resistance: 0.9999–1.0000
First support: about 0.9000
Stronger support: 0.8360
Price is above MA7, MA25, and MA99, which supports the continuation of the bullish momentum.
A breakout of 1.0000 with a clear close may open the way to higher levels, while rejection from it could send the price back to retest 0.90.
The decision zone now: near 1.00; therefore chasing the price before confirming the breakout carries higher risk.
#QTUM #QTUMUSDT #Crypto #Binance #BinanceSquare #CryptoTrading #Altcoins #Trading #Futures #Technical_Analysis #Cryptocurrencies #Trading
Price: 0.9548
Important resistance: 0.9999–1.0000
First support: about 0.9000
Stronger support: 0.8360
Price is above MA7, MA25, and MA99, which supports the continuation of the bullish momentum.
A breakout of 1.0000 with a clear close may open the way to higher levels, while rejection from it could send the price back to retest 0.90.
The decision zone now: near 1.00; therefore chasing the price before confirming the breakout carries higher risk.
#QTUM #QTUMUSDT #Crypto #Binance #BinanceSquare #CryptoTrading #Altcoins #Trading #Futures #Technical_Analysis #Cryptocurrencies #Trading