QTUMBTC Opportunity for 77% Potential profit

After its aggressive bullish move towards 4618 satoshi, QTUMBTC has now pullbacked towards a strong support
level as indicated in the diagram, at around 2800-3100 satoshi range. This range is considered a strong support level
were buyers would consider coming in.

This would set up the stage for another bullish move towards the resistance ranges with the first one being around 4618 satoshi
and the second one around 5338 satoshis. A crossover of 100/200 EMA (golden cross) is already in place for QTUMBTC which is
bullish news. Also, QTUMBTC has fairly great events coming in the next few days and months with these being

- 28/08/2020 Mainnet V0.19.1 + Offline Staking
- 30/09/2020 Phantom on Mainnet
- 31/12/2020 Neutron Release

Both TA and FA analysis for QTUMBTC are strong. Apart from trading, QTUM is considered a great investment opportunity too.

Entry: Support Range (2900-3100 satoshi)
T1: Resistance range (indicative price around 4618 satoshi)
T2: Resistance range (indicative price around 5338 satoshi)

If price goes below the support range i would add more QTUMBTC.