QTUM/USDT Crucial area. Need to Break for continue Upward Move

27 Okt 2023

💎 QTUM has indeed garnered our attention. In its current trajectory, QTUM has effectively breached the supply zone, with a confirmed retesting phase already under its belt. Notably, following a strategic retest at the demand zone, QTUM experienced a sharp rebound, propelling it towards an upward path and bringing it to a pivotal supply zone.

💎 For a genuine breakout confirmation, QTUM needs to overcome the $2.7 supply barrier and secure a position above it. Achieving this could set the stage for QTUM to sustain a robust upward journey, smoothly reaching more substantial levels, and probability targeting the major supply zone or even the bearish OB.

💎 However, there's a contingency to keep in mind. Should QTUM struggle to break through the supply threshold, it might retract to the $2.350 demand zone to regather strength for another upward attempt.

💎 If QTUM retraces to the demand zone and fails to uphold its stance, leading to a breakdown, a bearish undertone could take hold. Under these circumstances, QTUM might lose momentum, possibly initiating a downward spiral, revisiting the foundational support levels in a more precarious position.

4 Nov 2023

Trading ditutup: target tercapai

Bingo! #QTUM is dancing to our tune, up 35.58% just like we predicted.