Jayyflow44

QTUM Approaching Large Support Area

Jayyflow44 Updated   
BITTREX:QTUMBTC   Qtum / Bitcoin
Shown above is price action movement to the downside. A major support lies in the 0.0024 BTC neighborhood. MACD has crossed the 0 line and volume could pick up around this major support. Keep an eye out for this one to potentially bounce off of this support band.
Comment:
I have played this setup successfully 3 times so far. I have bought around the demand zone because it has bounced off of the demand zone several times before increasing in price.
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