Hi everyone!
Let’s observe another crypto pair QTUM/USDT. Daily timeframe shows us a very powerful price level proved by numerous touches and false breaks formed in April and in the beginning of May.
At this time price locates near this price level. At this time the price locates near this price level.
If today’s bar closes above this price level, it will be safe to say that price is going to reach new max price point. Otherwise price will go down to the previous lowest point.
Let’s observe another crypto pair QTUM/USDT. Daily timeframe shows us a very powerful price level proved by numerous touches and false breaks formed in April and in the beginning of May.
At this time price locates near this price level. At this time the price locates near this price level.
If today’s bar closes above this price level, it will be safe to say that price is going to reach new max price point. Otherwise price will go down to the previous lowest point.