Qtum (QTUM) - July 7Hello?
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(QTUMUSD 1W Chart)
If the price is maintained above the 8.10657467 point, we expect the uptrend to continue.
(1D chart)
We'll have to see if we can get support by climbing to the 7.56184295-9.73755274 section.
If the price is maintained in the range of 9.73755274-14.08897260, it is expected that the upward trend will continue.
However, it is expected that the upward trend will be accelerated by breaking out of the downward trend line.
If it declines from the 5.048232 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required.
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(QTUMBTC 1W chart)
It remains to be seen if it can move above the 23730 Satoshi point and turn into an uptrend.
If the price continues to rise above the 46500 Satoshi point, a move to create a new wave is expected.
(1D chart)
If the price is maintained in the 20230 Satoshi-26850 Satoshi section, it is expected to turn into an uptrend.
If it falls from the 16920 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy for profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Qtum
🆓Qtum (QTUM) July-4 #QTUM $QTUMQTUM is holding onto the $7 support area and it could continue its uptrend towards the $9 and $11 zones this July. However, if it loses this $7 zone, the $6 and $5 zones are still very reliable to consider buying.
📈BUY
🔴Buy : 6.8-7.2$. SL if B
📉SELL
🔴Sell : 8.8-9.2$. SL if A
🔴Sell : 10.7-11.3$. SL if A
♻️BACK-UP
🔵Sell : 6.8-7.2$ if B. SL if A
🔵Buy : 5.85-6.15$ if A. SL if B
🔵Buy : 4.85-5.15$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
QTUM/USDT Regaining the 200MA after Bitcoin initialized dropdownQTUM did break through below the 200MA initialized from the Bitcoin drop.
Now QTUM is in recovery mode to gain the 200MA back as support.
The previous support around 4.5$ did hold and the next target is the lost 7.7$ line.
As a major proof of stake Blockchain QTUM should have a great 2021.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUM/USDT Consolidation above support foring a sym triangleQTUM as a high decentralized Proof of stake blockchain compatible with BTC and ETH is poised to have a bright future.
However, QTUM did not rally as much as other coins did since March 2020.
Now we see consolidation above the support line around 7.5$.
Nearing the Apex of the current symmetrical triangle we look for an upwards breakout.
A strong increase in volume is expected.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUM formed a big bullish Cypher for upto 200% moveHey dear friends, hope you are well and welcome to the new update on QTUM coin.
On the weekly time frame chart, the price action of Qtum has formed a bullish Cypher pattern. There is also 25 simple moving average additional support in the buying zone and the 50 simple moving average below the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
QTUM $155.4 (2244%) at The End of July 2021We can see on the elliott wave ABCDE there is the same pattern as the previous cycle. In waves A to B (High to Low) it takes about 12 days. From the lowest point to the next highest point (B to C) it takes about 73 days. Then from the highest point to the next low (C to D) takes 16 days. Then the next biggest wave will start, the journey from the lowest point C to the highest point D will last for 69 days. It will end at the end of July with an increase of more than 2244% or the equivalent of $155.4.
There is something unique here, the key is number 4.
Every highest increase to the highest x4
Previous uptrend phase to the next uptrend -4d
The previous downtrend phase to the next downtrend +4d
The number 4 for QTUM (Quantum) is very magical, just like the Four quantum number in physics,
Principal quantum number (n)
Azimuthal quantum number (ℓ)
Magnetic quantum number (mℓ)
Spin quantum number (s)
Don't miss the opportunity, QTUM is on its way to new ATH.
QTUM/USDT Update: Huge pullback. ATH now >10x awayQTUM did see a huge pullback >70% and is now at a critical lvl around 8$.
This and the 4.5$ support are nice entry levels.
We are currently >10x away from the ATH around 100$ and Qtum did have great news this year.
This graphs shows you why it is smart to take out some profit along the upwards ride.
Then you have to buyback at lower levels.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUMUSDT (4h chart)QTUMUSDT (4H CHART) Technical Analysis Update
QTUM/USDT currently trading at $25.65
Buy-level: $24.45 - $25.60
Stop loss: Below $21.35
Target 1: $28.15
Target 2: $30.60
Target 3: $32.30
Target 4: $35.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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💡Don't miss the great buy opportunity in QTUMUSD @qtum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 26.45
TP2= @ 28.51
TP3= @ 30.28
TP4= @ 32.73
TP5= @ 35.58
TP6= @ 40.00
SL= Break below S2
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💡Don't miss the great buy opportunity in QTUMUSD @qtum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 26.45
TP2= @ 28.51
TP3= @ 30.28
TP4= @ 32.73
TP5= @ 35.58
TP6= @40.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️