QTUMUSDT Approaches Rectangle Pattern ResistanceQTUMUSDT Technical analysis update
QTUMUSDT has been trading within a rectangle pattern for the last 150 days at the bottom yearly support. The price is now moving toward the rectangle resistance, and once a breakout occurs, a strong bullish move can be expected. The price is trading above the 100 and 200 EMAs, and there has been a noticeable rise in volume over the past few days.
Regards
Hexa
QTUMBTC
#QTUM/USDT#QTUM
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 2.05
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 2.28
First target 2.60
Second target 2.85
Third target 3.16
QTUM's long term is bearishFrom where we put the red arrow on the chart, the correction of QTUM has started.
This correction seems to be a double or multiple correction.
Recently, wave X seems to have ended and we have entered the second correction.
The least risky place to buy on large time frames in the medium term is the green range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#QTUM/USDT#QTUM
The price is moving in a bearish channel on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the triangle at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 4.00
The first goal is 4.40
Second goal 4.68
The third goal is 5.00
QTUM looks a rocket !QTUM seems to have entered a bullish diametric for some time now.
Now it seems to be inside wave D of this diametric.
The green range is a suitable place for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUM ANALYSIS (6H TF)We have a large diametric, which seems to be in its final wave, its G wave.
It is possible that the g wave will be shortened due to buying pressure. A strong support area has been established, and the price can move from this area to high TPs.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The key is whether it can rise in the 2.442-2.561 rangeHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(QTUMUSDT chart)
(1M charts)
The key is whether it can rise above the 2.770-3.283 range.
(1W chart)
We need to check whether it can rise above the box range of 1.848-2.694.
Even if it rises, the box area formed over the 6.375-19.346 range may be a resistance area, so the extent of the rise is likely to be limited.
(1D chart)
If you look at the entire chart, you can see that there are several support and resistance points.
However, this point of support and resistance can be considered an important point.
The support and resistance points shown on the chart can be said to be points that are meaningful enough to enable split transactions during trading.
Accordingly, you can see that it is a coin that can experience significant volatility at any time.
I think breakout trading, which involves approaching day trading or short-term trading and buying when it breaks through support and resistance points or sections when it is rising, is appropriate.
The box section corresponding to the high price of the currently formed box section is 2.308-2.561.
Therefore, the time to buy is when the price is maintained above 2.442 and breaks above the 2.561 point.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
QTUM roadmap (12H TF)Considering the overlap of the waves and their time-consuming nature, it is clear that QTUM is in corrective waves.
By counting the waves and paying attention to the waves, we seem to be in a double hybrid correction.
The second part is the correction of a diamond diametric, it seems that we are now in the F wave of this diametric.
After the completion of this wave, I expect a correction to the specified range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
QTUM ANALYSIS (2H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUM LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUM formed bullish Gartley for upto 53.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin with US Dollar pair.
Previously we caught 55% pump of QTUM as below:
Now on a daily time frame, QTUM has almost formed another bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The key is whether it can rise above 3.283 around March 29thHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(QTUMBTC 1W chart)
The key is whether it can rise above 0.0001 825 to 0.0002 373.
-------------------------------------------
(QTUMUSDT chart)
In order to continue the upward trend from a long-term perspective, it must rise above 5.529.
To do so, we need to see if we can sustain the price by moving above 3.283.
That way there is a chance of getting out of the bottom section.
if it goes down,
1st: 2.823
2nd: 2.222
You need to check if it is supported in the vicinity of the 1st and 2nd order.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
$QTUM/#BTC [#Qtum]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $QTUM / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0001433 | 0.0001538 | 0.0001781 and the major support zones are respectively at 0.000119 | 0.0001052 | 0.0000809. We may consider entering a trade at the current price zone at 0.0001484 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001484 ₿
▣ 24HVol: 33.031 ₿
▣ 24hChng: 10.253%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001433 | 0.0001538 | 0.0001781
◢ Support: 0.000119 | 0.0001052 | 0.0000809
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth QTUMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
QTUM: INCREASE VIEWQTUM Showing depends on a low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor QTUM to see if it shows any upward movement in the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
QTUM formed bullish Gartley for upto 22.505 pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin with BTC pair.
Previously we caught a very powerful pump of QTUM, as below:
Now on a 4-hr time frame, QTUM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
viewpoint scalp Short For QTUMHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You