QTUM Price Analysis
Right now the price is precariously balanced on the .236 fib. It's last line of strong support before a large potential fall. Both the tenkan and kijun are working as resistance.
The stochastic RSI is tightening and nearing past support.
DIs are curling in a bearish direction and the ADX indicates the trend isn't very strong at the moment. But selling pressure is greater than buying.
The RVI is quite low which tells us the selling momentum and volatility is decreasing.
I would not expect any large price movements upward.
The stochastic RSI is tightening and nearing past support.
DIs are curling in a bearish direction and the ADX indicates the trend isn't very strong at the moment. But selling pressure is greater than buying.
The RVI is quite low which tells us the selling momentum and volatility is decreasing.
I would not expect any large price movements upward.
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