Many altcoins are preparing for what appears to be a strong bullish March 2019.
Qtum just broke above resistance today. These resistances levels are marked by EMA10 and EMA50.
QTUMBTC broke with a high volume candle, making this a solid breakout (not a fake a one), and this is just the beginning.
By breaking above EMA10 and EMA50, the potential for this altcoin changes from bearish to bullish, and we are seeing too many altcoins do just that... Changing their potential from bearish to bullish...
So just as Qtum, many altcoins are breaking above resistance then just consolidating slowly, without much retrace, waiting for the next move, why is this happening? Let me tell you below.
If these altcoins break above resistance and remain strong, they are preparing for a strong impulse UP!
The cryptocurrency market is about to experience a strong bullish month. This is what I am getting from looking at dozens of charts.
Dump several time even EMA has crossed still dump.... good project but lost the hype... sadly
AlanSantana
⋅
@anonycoin, All gains being removed, we will share again when there is a bullish trade set up in place.
anonycoin
⋅
Last dump make me disbelieve of this coin, but I still want to create assumption and conspiracy theory:
1. QTUM very big bag holders made agreement with Whales to pump it which that is: They will pump if they can buy in very low price (Pump cost - dump cost = profit)
2. Whales put buy order at low price
3. QTUM bag holders dump till reach the target price which whales asked
4. Whales pump immediately
5. Now whales strict on TA to do resistance breakout