#QTUMUSD - Dropping Through Support to Reach Previous Lows

After being rejected by a historical descending trend line and breaking just under the closest level of support it looks to us like the price of #QTUM will be heading further down over the next few days and weeks.

Possibly breaking through a few more levels of support would take the price down to $1.85 which would be nearly 40% profit on this Short trade from CTv2.

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theCrypster
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Comment:

#QTUMUSD is testing that downward trend line once again, with a Short order through CTv2 we can see a rejection to the downside coming, at least to mid-level SR, possibly further!