QTUMUSDT dramatic fall and consolidationQTUM price dramatically decreased when the whole market crashed. The price consolidated around Fib 1 level and formed Inverted Head and Shoulders pattern. Few small candles left to finish the pattern. Up from this moment we expect several growth waves. Our targets set at the reverse points so you can buy and sell at the extremum points. Carefully follow trading strategy in the signal It is too dangerous to deviate from it in current market conditions
QTUMBTC
Trading Plan: QTUM 25% !!QTUM Making Bullish Channel and Now Buying Zone.
Buy 590-600
Sell 670, 730 & 750+
Stop Loss 540
Let See , What Will be Next Move.
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
QTUM potential long signalThe bear trend has been broken.
However since the price is going sideways, it needs to be cautious.
Reasonable target would be between $10.00 - $14.00.
Aggressive target would be $21.00
I highly doubt that price could go over $22.00. (it is always possible but I do not see this could happen in high percentage chance)
The support line is $3.10, and if price can not hold this level, we may turn into bear trend. Also potential price could hit 3.10 level and bounce to the upward.
Saved you 94% loss on QTUMit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
Qtum looks pretty, possible fast 20%Hi, Qtum looks very nice here, we found bottom at 50ksat, now we slowly go up inside flag, there is few resistance and supports, and support on price range (red). Looks like Qtum will be continue in this pattern and we can join to the trade.
Stoch looks like that thirdtime will go up.
Buy range 58000-61000sat
1. Target- 70000-71000sat
2. Target- 79000-80000sat
Stoploss- 54950sat (I have Qtum in my longterm portfolio, thats why this wide Stoploss)
I will update it
If you like my work please leave like, comments or follow
Thank you
QTUMBTC LONG. SUPPORT ABOVE WEEKLY OPEN BLOCK AND QTUM IS READYLower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a great trader, it's all risk to reward in the end.
Good luck,
The TRADRZ Team
Original idea by Ribz
QTUMBTC LONG. SUPPORT ABOVE WEEKLY OPEN BLOCK AND QTUM IS READYLower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a great trader, it's all risk to reward in the end.
Good luck,
The TRADRZ Team
My Quantum (QTUM) Trade I've been watching QTUMBTC since the Amazon China partnership, which is indeed real as far as I know. If this had happened during last year's bull run, it would have spurred an instant 100-300%.
www.coindesk.com
It has struggled since to get out of this accumulation range, but it has HUGE upside potential and thought it had a good risk/reward ratio, so I took some of my BAT profits and entered a small position a little below 600 satoshis. We COULD form a big compound inverse head and shoulders soon (shown in red on my chart). This is an interesting hybrid BTC/ETH coin with some long term potential, although some interest has really dropped off lately. Currently flying under the radar, which is what I like! It is well off from its all time high both in BTC value and in USD value. It reached $80 during the bull run, so it could easily 20x from here if BTC returns and the coin sees some more use. We'll see what happens!
BUY:
586-620 Ideal entry (I bought around 595)
620-650
STOP below 586 or the light blue trend line on my chart.
SELL TARGETS:
800 First target
1000 2nd Target May take some profit here.
1500+ I will definitely take some profit here, hoping it makes it. I'm looking for this to be a low risk-high reward trade. We need more volume though.
4000+ all time high
This is not financial advice, nor am I a qualified financial advisor. I'm posting this chart so you can follow along with my trade (and for my own personal growth and trading education).
-Victor Cobra
$QTUM, Picket White Fence…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bulls. Resistance found at 67000, QTUM now looking for a retest of 55700. Last time we were at this price we saw a spike from 55000 up t0 380000, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has formed an inverse head and shoulder, stochastic rsi showing momentum is in favor of bears. Today’s candle opened at 60827 with a low of 60081. Price is currently retelling our inverse H&S for support, a daily close above 62500 activates our trade.
$QTUM #QTUMBTC Extensive Technical Analysis- Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs Daily TA session. Today, we will be looking at the trading pair of QTUM/BTC, requested by the Traders of School of Sparta. This trading pair has been making people a lot of money in the last year and it seems like that it will do it again very soon. I will tell you what I see, how I will make my own trade and explain how this might play out in a long term and in a short-term set up.
To start off we need to identify where we are in the market and what happened before, so we can understand where we are headed and what we might see in the future.
We are using the daily chart because only here we are able to correctly see and identify the trend. The reasoning behind this is that we do not want to trade against the trend and actually be able to get with the directional momentum of the chart.
Looking at QTUMBTC we can immediately see that we had a very strong and continuous downtrend form many months up until we came to a form of support and confirmed it after bounces, then broke the trend with a nice double bottom structure indicated in the yellow circle. Yet, as we know the crypto has not moved a lot in the last few months and is lacking of the correct volume and volatility. Therefore some coins and charts have a rather sideways going chart and action, here we see the same example again with QTUMBTC.
Sure, a sideway action could be short-lived and just "small stop" in the chart, yet it is holding itself for quite a long time there and keeping its support while everything else is going up, especially its oscillators and indicators.
Therefore we can say with a 80% certainty that it has bottomed out and is now in an accumulation of all of the coins that got sold over the huuuge downtrend. We have seen sudden pumps and continuations of the pumps, yet nothing really significant yet. Which leaves us with the most likely possibility that people are buying a lot of it, yet not pumping it high enough to gain attention and have a really big breakout due to FOMOers and unexperienced traders. Opportunities like these are not there very often and only traders with experience get to trade it and fill their pockets with a lot of BTC when the accumulation ends and the price starts moving upwards.
A view behind the scenes - "unfilled expanse"
When looking at a chart, the market structure and its movement creates an expanse on the chart of which you can actually calculate its surface. Now, the bigger the expanse is above the chart, the higher you have a "pull" of the chart, connected with a high buy pressure.
On the other hand, the bigger the expanse is below the chart, the higher is the pull down which is connected to a higher sell pressure.
Looking at these areas can help a lot while understanding the look behind the scenes. This works on small as on bigger timeframes and will be a topic in one of my next live-sessions.
From a rookie look, one could simply look how many possible targets above are there and how many possible targets are below.
With QTUMBTC we see that the targets above are many and wide spread, where we see here as we saw in NEOBTC as well, that there is only one target left below and breaking it would mean a complete breakdown of the market. THE THING IS, with each day and week moving sideways, we have higher and higher expanse which then at some point in time will have a TOO STRONG pull and the chart will break out and start moving upwards, while doing so gain momentum and maybe even enter an exponential phase.
As a small side note, after the last bigger push, we have now had a 61.8% retracement and are basically in the perfect position to see the next impulse move, which might or might not be the first move to break down the downtrending structure. Funnily enough this 61,8% retrace is at the exact price of 0.000618...
Based on all of the above I will make my trade like follows
QTUMBTC / Binance
BUY 618 - 575 - 550 - 520 - 500
Targets 800 - 950 - 1275 - 1400 - 1750 - 1850 - 2000 - 2200 - 2400 - 2700
Stop Loss Close Below 450
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
This is as always a delayed post, if you are interested in first hand news, feel free to join our group.
Cheers, TJ
[QTUM/BTC] COULD BE A REAL SURPRISE [ 50-250% PROFIT]#QTUM / BTC ( Bittrex )
Buy Range : 0.00059-62
Stop Loss : Not recommend
Target 1 : 97425
Target 2 : 153132
Target 3 : 270262
WEEKLY CHART :
- RSI touched oversold zone and now its pushing high
- MACD is lossing bear momment and starting to show positive action
DAILY CHART :
- RSI touched very oversold zone and shares a bullish divergency
- Supported by EMA20
- Downtrend broken and new pattern spotted
- CCI turned into GREEN
- MACD continue climbing and sharing positive action
4 HOUR CHART :
- RSI looks overbought but it could extend positive mommentum
- MACD and CCI looking to do another leg up after small retracement
- RSI divergency visible on this timeframe too.
- EMA20/MA50 below candlesticks and MA200 is being testing right now.
- Big volume action on the last hours
- Ichi cloud broken and offerin support
QTUMBTC LongReasons why it can pump:
1. We had that big bullish divergence on a big time frame (14.08.2018 - 12.09.2018), which played played nicely and recently turned into a nice ascending channel.
2. Resistance was tested a few times and was finnally breached. If we bounce from the dynamic support, we`ll be looking to test the upper side of the channel. However if we breakout of the channel, the support at 610-620 will most likely hold, given that the previous resistance was thoroughly tested.
3. Lastly, they`ve announced their partnership with Amazon Web Services China to develop blockchain-as-a-service solutions for enterprises and developers.
As a more conservative approach as i bought in at 640 sats will be to set a stop loss at 629-630, meaning we`re out of the ascending channel, and look for a lower buying entry point while we`re testing the horizontal support.
Selling target: 700-720 sats