QTUMBTC
QTUM up to 1000% PPT! Long term trade.Qtum completed full cycle and now in the accumulation zone so it's great time to get some.
RSI is showing clear bullish divergence on daily chart.
Qtum has comparably low coin supply, community support and a dozens of assets created on it's blockchain.
Green - buy. Red - sell.
It's now a financial advice.
Trade carefully and good luck!
QTUM ENTRY AND EXIT (POTENTIAL 104%) WITH RISK OF 2-3% (RR 1:14)QTUM ENTRY SHOWN IN GREEN REGION
STOP LOSS BELOW GREEN REGION
TARGETS AND EXIT IN BROWN AND RED RESPECTIVELY
I BELIEVE QTUM MIGHT BE VERY BULLISH WITH A POTENTIAL PROFIT OF 104 % IF PLAYED PROPERLY
WEEKLY LONG SQUEEZE AS WELL
SITTING AT SUPPORT RIGHT NOW VERY CLOSE TO ENTRY
QTUM Weekly Momentum Up + SqueezeWeekly momentum up during a weekly squeeze.
If price trades above the dotted pink a bullish move up to higher targets is possible (highlighted by pink arrows).
I would keep an eye to see if QTUM makes higher weekly lows + whether weekly squeeze fires long (stops squeezing).
QTUM looks to be shaping up for a sweet Valentines day QTUM is a Chinese coin that's designed to integrate the BTC and ETH blockchains, it's in the top 30 market caps, and in addition to having a working product the code contributions haven't fallen off completely.
All the same, the fundamentals of any of these alts may or may not mean jack shit. Plenty of seemingly decent products die every bull cycle and never see daylight again. Temper any optimism you may have, as pure hype has been the #1 fundamental for any of these shitc- er....altcoins thusfar.
So, looking at the TA it's been ranging in around it's ATL long enough to just barely eek out a cloud twist on the 1D. The PA will encounter the bull Kumo in mid-to-late Q1, giving QTUM the potential to be a superb Valentines day surprise. Setting up orders at the bottom of the bear Kumo on up to the green box could be a prudent setup for a position trade.
While this bear market is slowing, it isn't over by a long shot and QTUM; like nearly all alts, makes its big moves on the back of the crypto 'blue chip': Bitcoin. While some coins, like WAVES for example have made large moves independent of BTC, the price history of QTUM doesn't suggest this is likely, even though it has had some bullish action lately and the ATR is showing a bullish-ish signal.
As always none of this is advice, merely observations at most. Keep that risk management heavily in mind, especially playing the hype-based alt markets .
'If you ain't makin' mistakes, you ain't makin' decisions' -Ace Amin
QTUM - Marching Orders are UP!Looking at the 4hr chart, QTUM is in a nice ascending channel. It is currently bouncing off the lower boundary of the channel confirming it as support. This could be a great area to buy as there is a lot of room to move upward in this channel. My target will the top of the channel around .00065-66 and I'll have a stop-loss at .00056 which would be a clear break of support.
BTC -QTUM -Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 15000 BTC( 6 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **27 ( 8 / 10 )
Website ( 7 / 10 )
Type a decentralized #Blockchain application platform
Overall ( 7 /10 )
Between 50,000 - 58000 are the best level to accumulate for a long term investment.
As long as BTC stays above $5800, We found the bottom for most of the alt coins.
96% down from ATH in USD value.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
QTUM - More room to fallQTUM has touched a monthly support level. The next 2 major wicks were really close but it never touched. This is a sign that QTUM is in accumulation right now...
In my opinion, I can see QTUM fall a bit more based off TA and the market we are in right now. QTUM may even create some new support levels.