Qtum
$QTUM, Showing a double bottom pattern about to flip ~25k sats $QTUM / $BTC
Showing a double bottom pattern about to flip ~25k sats resistance into support for a new leg up to ~28K sats (~14%)
Volume rising, MACD showing a bullish divergence while UCTS showing buy signals on 6H or lower timeframes...
Let see how it evolves..
#QTUM
Qtum Price Analysis QTUM / USD: Pattern SuperpositionQTUM / USD Short-term price analysis
QTUM has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a bearish head and shoulders pattern is starting to form, which could trigger the next bearish move lower in the QTUM / USD pair.
Technical indicators on the four-hour time frame have turned bullish and continue to generate buy signals.
QTUM / USD H4 Chart by TradingView
Pattern Watch
Traders should note that a bullish double-bottom pattern is also in play across the four-hour time frame.
Relative Strength Index
The Relative Strength indicator has turned bullish on the four-hour time frame and is generating a buy signal.
MACD Indicator
The MACD indicator has turned bullish on the four-hour time frame, with the MACD signal and histogram both issuing a buy signal.
QTUM / USD Medium-term price analysis
QTUM has a neutral medium-term trading outlook, with the QTUM / USD pair probing towards its trend defining 200-day moving average.
The daily time frame is showing that the QTUM / USD pair is at a critical juncture over the medium-term, as bulls and bear battle around key technical support.
Technical indicators on the daily time frame are bearish and continue to generate sell signals.
Pattern Watch
Traders should note that the large inverted head and shoulders pattern still remains valid on the daily time frame.
Relative Strength Index
The Relative Strength indicator remains bearish on the daily time frame and continues to issue a sell signal.
MACD Indicator
The MACD indicator is bearish on the daily time frame and continues to generate a sell signal.
Conclusion
QTUM is at a critical juncture over both short and medium-term, as bulls and bears battle for directional control around the QTUM / USD pair’s 200-day moving average.
The four-hour time frame best illustrates the near-term struggle, with a head and shoulders pattern pitched against a double-bottom pattern.
QTUMUSD technical analysisbull flag formed and we have just broke out and the target is as shown on the chart and the stochastic is going up so we are more likely to hit the target
all info provided by me is not a financial advice and I'm not a financial adviser .. its all just my opinion based on TA
Qtumoon :-)
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QTUM - Looking More Bullish Than Most Alts - Watch For Breakout!Looking at the Daily chart for QTUM, I like what I see. We have a nearly completed falling wedge and a bullish MACD with a solid cross over the zero-line. This is bull territory. I am eyeing the bold yellow dotted resistance trend. This resistance has knocked down all attempts to break it since August of last year. If QTUM break this resistance level, that would be a very bullish sign. The next resistance area is would be 2x and we could reach it very quickly because there's no resistance in between.
For long-term hodlers, this is a great time to buy. Very little downside risk compared to the upside reward.
For short-term buyers, I would wait for a breakout beyond the bold yellow resistance level. The price could move quickly from here and prove to be an ideal scalp for some real profit.
$QTUM Showing good volume as it tries to recover 2018 lows$QTUM Showing good volume as it tries to recover 2018 lows support around ~450sats...
If manages to break from here with this volume, we may see a jump to the 500 sats (15%) as first target...
UCTS Buy signal on the 4H
Couple of events coming on the following days
#QTUM
Qtum usd chart looks very good
Rounded bottom, reclaimed previous support that held the retest, proving the presence of demand there
Target HTF supply area around 12.5$, I don't think 7,5$ resistance will hold another attempt to break
Stop just under support
QTUM - Resistance Line at $4A similar form was on the Zcash and Neo graphics, Monero, now it's QTUM's turn to grow.
Causes of growth:
- common bull market
- vertical support level
- struck the level of $ 4
Goals when buying at $ 4:
1 goal - 5,3 $
2 goal - $ 10.8
Stop-loss is placed in the zone of $ 3.5.