QTUMUSD Second Chance: Profit=384% SL=64% Reward/Risk > 6:1Second Chance Trade Setup Summary:
Profit targets => 384% = { TP5= 42% + TP6= 72% + TP7= 108% + TP8= 162%}
Stop Loss =64%
Reward/Risk > 6 : 1
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (3.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 5.00
TP6= @ 6.02 New
TP7= @ 7.30 New
TP8= @ 9.20 New
SL= Break below 3.00
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First Buy Current Status:
Total Profit: 346%
Closed trade(s): 346% Profit
Open trade(s): 0% Profit
Trade Setup:
We opened 5 BUY trade(s) @ 1.97 based on 'previous Forecast' at 2020.07.28 :
Closed Profit:
TP1 @ 2.35 touched at 2020.07.29 with 19% Profit.
TP2 @ 2.70 touched at 2020.08.01 with 37% Profit.
TP3 @ 3.00 touched at 2020.08.10 with 52% Profit.
TP4 @ 3.65 touched at 2020.08.17 with 85% Profit.
TP5 @ 5.00 touched at 2020.08.21 with 153% Profit.
19% + 37% + 52% + 85% + 153% = 346%
Technical analysis:
. QTUMUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
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Qtum
QTUMUSD Second Chance: Profit=384% SL=64% Reward/Risk > 6:1Second Chance Trade Setup Summary:
Profit targets => 384% = { TP5= 42% + TP6= 72% + TP7= 108% + TP8= 162%}
Stop Loss =64%
Reward/Risk > 6 : 1
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (3.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 5.00
TP6= @ 6.02 New
TP7= @ 7.30 New
TP8= @ 9.20 New
SL= Break below 3.00
--------------------------------------------------------------------------------------------------
First Buy Current Status:
Total Profit: 346%
Closed trade(s): 346% Profit
Open trade(s): 0% Profit
Trade Setup:
We opened 5 BUY trade(s) @ 1.97 based on 'previous Forecast' at 2020.07.28 :
Closed Profit:
TP1 @ 2.35 touched at 2020.07.29 with 19% Profit.
TP2 @ 2.70 touched at 2020.08.01 with 37% Profit.
TP3 @ 3.00 touched at 2020.08.10 with 52% Profit.
TP4 @ 3.65 touched at 2020.08.17 with 85% Profit.
TP5 @ 5.00 touched at 2020.08.21 with 153% Profit.
19% + 37% + 52% + 85% + 153% = 346%
Technical analysis:
. QTUMUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
❤️ 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 trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Qtum has surged more than 260% now what next???Hi friends, hope you are well and welcome to the new update on Qtum coin. As it has surged more than 260% and there were two reasons behind that. One was the different signals and patterns were giving clear indications that it is going to make a big move. The second was the two major upcoming events expected on 28th August 2020. First is the offline is staking and a more significant event is the mainnet release.
The 260% rally and breaking out the channel:
If we move to the live daily chart then we can see after announcement of mainnet release on 21st June the price action turned very strong bullish and broke out the resistance of the channel. And after re-testing the resistance of the channel as support the price action moved more up. Now it can be observed that the priceline of Qtum coin has surged more than 260%.
On long term chart the resistance of wedge has been broken out:
Now if we switch to the bigger time period weekly chart. Then it can be clearly seen that the price action was moving in a falling wedge pattern. When the release of the mainnet was announced Qtum was already very close to the resistance of wedge. Then it turned more strong bullish and broke out the resistance of the wedge as well. I am not expecting that the priceline will re-test the previous resistance of the wedge pattern as support as it has re-tested the resistance of the channel on the daily chart.
Now if we place the different simple moving averages on the weekly chart with the time period of 25, 50 and 100 then price action has also broken out these SMAs.
And if we watch these moving averages on the daily chart and include the 200 simple moving average as well then the priceline of Qtum has also broken out all the simple moving averages on the daily chart as well. Now Qtum’s price action has very strong supports of these moving averages on daily and weekly chart. Now there are two possibilities one is the priceline might move down and use the 25 simple moving average as support as it has already been using the 25 simple moving average as support before the next rally.
The second possibility is that the price action may use the exponential moving averages with the time period of 10 and 21 as it is retesting these EMAs continuously and move to the upside.
Conclusion:
Even though the price action has broken out all the resistance levels and having good supports of different moving averages as well and has surged more than 260%. Qtum coin is also having very good backing of two upcoming significant events. But we should take care of the stop loss. For this purpose we can use different simple or exponential moving averages or different other techniques can be used. However, I am not expecting a big correction rally or bearish trend until 28 August 2020.
Qtum Is Now Likely To Make A Surprising Jump! SignalsQtum (QTUMBTC) is now trading above EMA300 and ready to jump.
We have a strong signal coming from the MACD which is showing a bullish cross above the zero line.
We also have the RSI very strong above 60 and finally... Prices trading above EMA300 as I just mentioned above.
All these signals are telling us that Qtum can easily print a very strong jump.
Namaste.
Qtum Conquers EMA200 | Read Inside, Details Explained...Look at this chart... Here I've marked the indicator EMA200, which is the brown line.
First, QTUMBTC tried to move to pass this level but failed...
This lead to a strong correction followed by consolidation that lasted over 140 days.
Now, we can see EMA200 being conquered.
By conquered I mean prices moving, closing, and staying above this level.
Now that EMA200 has been conquered, the doors are open for STRONG BULLISH GROWTH.
Thanks a lot for reading and for your continued support.
Namaste.
Qtum simple setup for R:R2 15% gainsHello everyone,
Qtum looks bullish to me. It looks like breakout of the accumulation pattern happend with current retest of previous resistance turning it into support.
Self explanatory chart with setup in TA but feel free to ask in comments bellow
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
QTUMUSDT ANALYSIS I have 4 positive signals I saw buy3 in this chart
If you hold this coin since July don't hurry to sell it also you have % 74 profit good job ı am expecting a big rise for this coin
It is better to buy this coin when the resistance line turns to support line ($ 3,25) watch carefully EngineeringRobo' s sell signal
Qtum Btc AnalysisBuyers seem to be appetizing despite the selling pressure. The cup handle formation seems to be forming on the 4h candle chart in 3-month . If the handle is formed, it will try the 2936 sat. resistance closest to the memories. But first of all it has to break the 2588 ~ 2662 range.
This is my personal work. it is not investment advice. I wish to everyone luck.
Symmetrical triangle QTUMHello, traders.
QTUM is possibly forming a bullish symmetrical triangle, In the green box I believe it is a good buying zone for this asset
The symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
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$QTUM, Crossing over ~25k sats & showing a 8H potential flip$QTUM
Crossing over ~25k sats & showing a potential flip on the 8H w/ increasing volume...
HTF (2D) looking good on a potential cup & handle formation..
Aiming for ~27k+ sats as continuation w/ entry at support level... (If BTC starts moving, then out!)
#QTUM
QTUMUSDT AnalysisCongratulations to people who bought QTUM by listening BUY 2 signal in the first week of July! Enjoy your 41.06% PROFIT!!
As of now, I'm bullish since there are 2 BUY signals from EngineeringRobo.
If you are holding QTUM, do not hurry to sell it.
You can wait for EngineeringRobo's SELL signals or if you want to, you can take profit at the resistance level ($2.85).
You can wait when the resistance level ($2.85) turns into support level. If you really want to buy, watch EngineeringRobo's SELL signals carefully.
August LONG setup on QTUM - Mainnet/HardforkQTUM Mainnet Release - v0.19.1 - Hard Fork - Mandatory update to introduce Offline #Staking on August 28th will provide a catalyst for buy the rumour sell the news type setup through August.
The chart looks promising as price has been consolidating at resistance for about 2 weeks now.
Volume shows renewed interest from buyers leading up to this consolidation.
Price target tools include:
1.618-2.0 Fib extension
Chaos PRZ (4.669 Fib extension from previous range)
AB=CD harmonic objective
The confluence of these location objectives is illustrated with a large green box, that should see a tag sometime before the Mainnet launches.