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QTUMBTC

QUTUM partners with Amazon as Trade Volume goes ballistic Yesterday, on the 17 October, QTUM has announced a partnership with Amazon Web Services (AWS). The goal of this partnership is to establish Blockchain-as-a-Service (BaaS) through AWS. This partnership could be huge for QTUM as AWS users as well as developers will be able to develop and run smart contracts through Amazon Machine Image. These services will be focused primarily on creating the bases for enterprise-grade solutions, an identified need within the BaaS model of AWS enterprise customers. As know, QTUM has a hybrid platform, which can merge a bitcoin alike blockchain with the Ethereum Virtual Machine. This certainly will make it much easier to build dApps on a wider scale. “Qtum is one of the most decentralized entities on the internet and AWS is one of the largest cloud providers in the world. It is a perfect combination for users and the enterprise. We look forward to continue making Qtum’s smart contract and Dapp technology available for what is arguably its most in-demand market, the enterprise,” said Qtum Co-Founder Patrick Dai. However, rumors are; what if this partnership is simply overhyped, and in reality means that Tron (QUTUM is a brainchild of Tron) is purchasing could computing power from Baidu? Well, the day of announcement, QTUM made a 16% gain over the Bitcoin, with the huge spike in volume, which might indicate the starting point of recovery after the massive selloff. Nonetheless, price didn’t manage to break above the btc 0.000650 resistance, that is a 361.8% Fibonacci retracement level. While the daily close remains blow, QTUM/BTC uptrend expectations might be a little premature. If/when the resistance is broken, price should be able to reach the key resistance level at btc 0.001120, which is simultaneously a 38.2% and 525.2% Fibs. Only clean break above the key resistance shall indicate on the beginning of a longer-term uptrend. Yet, price remains under selling pressure, even after the QTUM announcement of the Amazon partnership. Does it suggest that such a ground-breaking partnership doesn’t mean much for investors? Only time will tell, but if price breaks below the btc 0.000523 low, tested on the 15 October, the bearish trend will likely to continue, down to either btc 0.000374 or 0.000228 support level. Support: 1. 0.000541 2. 0.000374 3. 0.000228 Resistance: 1. 0.000651 2. 0.000881 3. 0.001120
by CryptalDash
Things You Might Wanna Know About $QTUM. Bottom Line?I published a quite many "long" category charts at the moment, not because of bias, but because of it indeed the buy season! QTUM sounds like Quantum for me... and quantum for refer to quantum computer. A Super computer which one day is way better than what we have today. Nope. They're Not. What is QTUM? QTUM is a coin that separating the settlement and computation layers of blockchain allow for greater flexibility. Qtum’s stacked approach enables multiple virtual machines or run environments to operate on top of the blockchain. They're getting ready for the business. As QTUM on have 101 mills total supply, minus 15 thousands, it actually have 89 mills on circulating. The fact that you need to know that QTUM has a predicted cycles which right now it's already on the very bottom of it screaming: BUY MEH BIAAATCHHH!!! QTUM is a solid project until today, but just like most of the project on the game, the chart is quite suffer in bear market. After a very long wait in the game, this coin can be pumped anytime soon. So still have a chance to accumulate right now. Don't miss the train. This bag will be boring as I recognize them as slow market lately but, it'll be pretty much worth it. Follow targets on the Fibonacci. If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
Long
by blockchaindedi
1
QTUM has no resistance aboveMany alts are forming bottom now and QTUM is one of those that always was considered to be a good investment but fell like ETH and many other favorites. What I like bout QTUM is that it has so small resistance above when you look at daily chart. It doesn’t mean it will make 200% in one day but the road to that target shouldn't be too hard. Currently the price is at breakout point, which is around 620. It will either breakout from here or fall back to 600-610. I will be catching it below.
Long
by WiseAnalyze
1
QTUM soon up, QTUM/BTC gains!QTUM is looking good now looks like we can make some profits here. We had a big retracement through out the year and now it looks like we have found bottom like most of the crypto. QTUM, if we look at the green support area at 0.000564-566 we have bounced from there couple of times so we take it into account as support then with the wedge we have, it looks like a falling wedge reversal with the bullish divergence we have on EWO and STOCH RSI moving from oversold area and I see this wave taking us all the way up to 0.0007 area in the first wave and if we are starting another crypto rally then this might just be the start of the rally! Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;) Be a turtle my friend © Farhad Jafarov
Long
by farhadjafarov7
2
QTUM needs to get on its horse or we're going much lower!! QTUM has broken and closed below the trendline support as it still sits on support. If QTUM cannot trend higher here and break back above this demand zone, the EMAs will continue to drop and cause a bearish crossover. MACD continues to fall off a cliff and still has room to go below while RSI could retest the trendline before continuing lower. If QTUM cannot hold this demand zone, we could fall back down to the 38.2%FIB or even 23.6%FIB if Bitcoin takes a hit. Thanks guys
by CM_Trades
Vers un retournement dans les jours à venir ?La tendance de fond reste baissière sur le QTUM depuis le début de l'année Le Cours évolue actuellement au sein d'un range entre 0.000575 et 0.000590 2 Scénarios possibles dans les jours à venir: 1) Une sortie par le haut du range nous donnerais une première cible sur l'oblique en rouge qui passe entre le niveau des 0.5 et 0.618 sur la projection fibo en H4. 1.1) en cas de franchissement de l'oblique en rouge le prix doit encore s'extraire de la zone entre 0.000600 et 0.000635 pour pouvoir atteindre la zone de résistance située entre 0.000680 et 0.000700 2) Si le range est cassé par le bas le prix pourrait retourner sur la zone des 0.000550 qui correspond a un croisement du niveau a 0.618 du du dernier retracement Daily et du niveau de 1.0 sur l'extension en H4. 2.2) En cas de cassure de cette zone a 0.000550 je pense qu'on pourrais revenir aux alentours des 0.000500 sur la Trendline en orange qui passe par le niveau des 0.618 en extension fibo H4
by OVERL0AD
Qtum (QTUMBTC) Hits New Low (What Next?)Qtum has hit a new low and this one has been oversold for a while now. Let's take a quick read at the charts: We are looking at some really strong divergence on the MACD. This chart shows 3 days per candle. Coming out of oversold. Still needs more volume. Trying to break above EMA10. QTUMBTC should breakout in 1-2 weeks if the market turns green. If not, it can continue on its slow decline. Early signals points to a corrective wave up at least. The weekly candle is forming a reversal candle. Weekly candle closes within 32 hours. Note: This is no trade advice. Keep an eye out on this coin if you like it as it might move up soon. Thanks a lot for reading. Namaste.
by AlanSantana
6
QTUM/BTC - Another Favorite, Great Long Setup!QTUM/BTC, Lost a lot of value in continuous downtrend so I think once price trends up more aggressive buying will happen, small descending bottom wedge in the buy zone, KDJ also turning bullish on 2D, MACD already bullish and still heavily oversold, RSI best confirmation above purple line. Entry: 0.00051-0.00055, Targets: TP1 0.00060, TP2 0.000711, TP3 0.000886-0.0009431 Feel free to comment, like and don't forget to check out my signature for all my social links!
by TheTrex
1