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Qtum

A trading opportunity to buy in QTUMETHTechnical analysis: . Qtum/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 33. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014950 to 0.013950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.014950) Ending of entry zone (0.013950) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.017910 TP2= @ 0.020200 TP3= @ 0.023570 TP4= @ 0.028240 TP5= @ 0.037080 TP6= @ 0.051400 TP7= Free
Long
by ForecastCity
2
A trading opportunity to buy in QTUMETHTechnical analysis: . Qtum/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 33. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014950 to 0.013950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.014950) Ending of entry zone (0.013950) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.017910 TP2= @ 0.020200 TP3= @ 0.023570 TP4= @ 0.028240 TP5= @ 0.037080 TP6= @ 0.051400 TP7= Free
Long
by ForecastCity
2
QTUM/BTC nice looking trade setupAnother one with a pumped volume thats sustained a steady uptrend is QTUM, we have made some trades on this already as we picked a giant inverse H&S weeks ago waiting for the neckline to break, we did break but was a couple of false starts as we walk closer up trend to crunch time. On the smaller time frames we have some time to retrace back to trend so only a small position taken so far with more orders back on trend and some lucky dips just below, if it has no chill and wants to run....so be it. 35% to first major target before a cool off period, with final target on the larger more bulky supply level at 1200 for a juicey 80+% total. May need some time to get that final target but those tests in the books tells me it should move fast once we can close above the neckline. If we break trend and start a downtrend then we out for now but looking for a reentry as i believe this wants to go.
by Unity-Trading-Group
3