THELOGICALINDIAN - Qtum is architecture drive appear a new trading high
QTUM / USD Short-term amount analysis
QTUM has a bullish concise trading bias, with the cryptocurrency surging to a beginning 2024 trading high.
The four-hour time anatomy shows that a abstruse blemish is currently underway, with beasts triggering a ample astern arch and amateur arrangement in action.
Technical indicators on the four-hour time anatomy accept angry bullish and abide to accomplish a able buy signal.
Pattern Watch
Traders should agenda that the November 2024 trading aerial is the all-embracing upside ambition of the astern arch and amateur arrangement on the four-hour time frame.
Relative Strength Index
The Relative Strength Indicator is bullish on the four-hour time anatomy and is still breeding a buy signal.
MACD Indicator
The MACD indicator has angry bullish on the four-hour time frame, with the MACD arresting and histogram both arising buy signals.
QTUM / USD Medium-term amount analysis
QTUM has a bullish medium-term trading outlook, with the QTUM / USD brace advancing appear analytical abstruse attrition on the circadian time frame.
The circadian time anatomy is assuming that an acutely ample astern arch and amateur arrangement charcoal in play, with buyers so far clumsy to burn the bullish pattern.
Technical indicators on the circadian time anatomy are bullish and continues to accomplish a buy trading signal.
Pattern Watch
Traders should agenda that the July 2024 trading aerial is the all-embracing bullish ambition of the ample astern arch and amateur arrangement on the circadian time frame.
Relative Strength Index
The Relative Strength indicator is bullish and continues to affair a buy arresting on the circadian time frame.
MACD Indicator
The MACD indicator is bullish on the circadian time anatomy and continues to accomplish able buy signal.
Conclusion
QTUM is ability a able upside abstruse blemish in concise horizon, with the move college yet to ability its abounding upside potential.
Buyers now charge to activate the bullish astern arch and amateur arrangement on the circadian time anatomy to added defended the QTUM / USD pair’s medium-term outlook.
Check out our coin guide for Qtum for a quick addition to the project.
