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Qtum

QTUM Sympathy Play, 1:6 risk reward on BTC breakout!Observing the charts for both Bitcoin and Ethereum last week, I'm seeing strong support for Bitcoin at the $3800 levels and Ethereum at the $130 levels. If this support continues to hold, I'm expecting a huge sympathy play for Qtum (leverages Bitcoin's security while having Ethereum's functionality). I also no longer think we are in a wave 4 cycle as the psychology of the masses is already expecting a wave 5 pullback. The bottom is in! Also, looking at the Elliot wave pattern, Qtum is nearing the end of wave 2 pullback. I'm expecting a huge wave 3 which will retest the 0.5 Fibbonaci retracement level as indicated on the chart. Given the current price of Qtum and strong psychological support at the $2.00 level with minimal volume being traded, I see a far more lucrative risk:reward ratio for longing Qtum compared to going long on BTC/ETH! Accumulate now and thank me later when BTC breakout! Stop limit: Wave (C): $2.89 Wave (E): $3.45 Stop loss: 1.86 Let me know what you guys think of this plan!
Long
by Feht
Qtum (QTUMBTC) Breaks Above Resistance (Crypto Bullish March)Many altcoins are preparing for what appears to be a strong bullish March 2019. Qtum just broke above resistance today. These resistances levels are marked by EMA10 and EMA50. QTUMBTC broke with a high volume candle, making this a solid breakout (not a fake a one), and this is just the beginning. By breaking above EMA10 and EMA50, the potential for this altcoin changes from bearish to bullish, and we are seeing too many altcoins do just that... Changing their potential from bearish to bullish... So just as Qtum, many altcoins are breaking above resistance then just consolidating slowly, without much retrace, waiting for the next move, why is this happening? Let me tell you below. If these altcoins break above resistance and remain strong, they are preparing for a strong impulse UP! The cryptocurrency market is about to experience a strong bullish month. This is what I am getting from looking at dozens of charts. So get ready, be prepared... Massive profits are coming our way. Namaste.
by AlanSantana
5
QTUM-BTC Long Trade PlanCommodity : QTUM Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-4 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 7% to 32% Prospective Loss : 7% RRR : SL to TP1 is 1, SL to TP2 is 1.8 , SL to TP3 is 3.1 and SL to TP4 is 4.5 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
2
QTUM/BTC building a nice bottom, potential position tradeQTUM has been building a nice bottom over the last month or so with a great looking inverse head and shoulders, and since its previous down trend there isnt a whole heap of structure in its way for a return to descent price. looking to start adding to a long term position here at the bottom of the right shoulder and keep an eye on this over coming weeks. first to mid term targets 50-130% with the next major market structure at around 300% this may not be something we hold the whole way up as we know the market doesn't move in a straight line, so we may look to trade this the whole way up (if thats its direction) and compound our bag all the way to final target :) Remember, position trading comes with bigger short term risks, you need balls to hold through the dips, if your not prepaired to take 20-30% neg hits then position trading is not for you ;)
Long
by Unity-Trading-Group
3
QTUM double Inverse H&S (1H & 1D), targeting 35% up!QTUM has an Inverse H&S pattern formed on the 1H chart (Blue/Right) and is forming a large Inverse H&S also on the daily chart (Green/Left). RSI & MACD confirming the expected upward move, oscillator uptrend demonstrate that the buying power is dominant within the IH&S chart pattern. On the 1h chart price and 20MA have already crossed 200MA which is a strong bullish signal. I am projecting profits of up to 35% on the last target, and after reaching this mark I will be able to re-evaluate the scenario and make a new entry in case of an IH&S breakup. #QTUM #QTUMBTC (Binance, Bittrex, Kraken, Bithumb, Bitfinex, Poloniex) Time-Frame from 15 to 45 days to hit last target. Buy-Long range: 528-533 Target (1): 577 (+ 9%) Target (2): 603 (+ 14%) Target (3): 633 (+ 20%) Target (4): 666 (+ 25%) Target (5): 688 (+ 30%) Target (6): 716 (+ 35%) SL: 482 (-9%)
Long
by LiuTrader
11