Qtum
QTUMUSDT AGAINST WEEKLY RES AS PREDICTED RALLY TO 40/60 POSSIBLEFellow TradingViewers, Vegans & AVAXists.
As you can see, QTUM is having a high tea with the weekly ressistance, AS I CLEARLY predicted that (YES I PREDICTED IT).
If we BREAK above the WEEKLY resistance level, we can make a visit to the FIB levels in the chart.
So practically, 40USD to 60USD is possible!
Happy trading without eating body parts of dead animals!
Potential for QTUM 50% - 200% gainsLooking at previous patterns of run ups and pullbacks, they seem to be respecting the same retracement levels. The timing is different for each one but the periods seem to be getting shorter.
I'm playing this trade cautiously as there is a lot of FOMO money being thrown at QTUM.
Because the time periods seem to be shortening, this may be a good time to turn a quick profit before a possible sell off (profit taking) later in the month.
I'm not a professional, just a hobbyist, so don't take this as trading advice. Take my guesses with a grain of salt and make sure you do your own research before investing.
QTUM Long-Term Targets Mapped (680%+)This is a quick chart by request sharing the long-term targets for QTUMBTC.
We can see this price moving weekly above EMA50, which is a very strong bullish signal.
A close above this level and we see long-term growth.
Here I am mapping for you over 680%, but there is room for much more.
This is not financial advice.
Namaste.
QTUM longSo QTUM has drawn a nice falling wedge and right now it broke up.
As you can see on the 1hr chart, it has already checked its old resistance as new support and it went well.
So what I´m expecting is a move north.
My price target is above 9 maybe at 9.5-10...¨It all depends on volume and ofc BTC...
QTUMSince this past crash we all experienced last night, the only coin that seems to be recovering and bouncing up better than any other coin is QTUM.
It's trying to break a resistance right now. if it does, I've pointed out 2 TP areas for you guys to set up your positions.
So far it has moved up about 10%, and I think it has the potential to do more.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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🔥 QTUM Bullish Triangle BreakoutFew moments ago QTUM broke out of the triangle in which it has been trading for almost a month. It found strong resistance around the $7.50 area, which has now finally been breached. Seeing the strong sudden influx of buyers I'm expecting the price to fall back towards the $7.55 area, which now functions as a support. If bullish pressure continues, we might see a new ATH soon!
Happy trading!