QTUM 2 HOURE CHART--QTUM--- TRADE ANALYSIS BY DAVID DHRUV
MARKET CAP - 184,382 BTC
VOLUME (24H) - 22,294 BTC
CIRCULATING SUPPLY - 88,595,672 QTUM
TOTAL SUPPLY -100,595,672 QTUM
RANK - 20
TOKAN / COIN - COIN
CANDLE - HEIKIN ASHI
INDICATOR - NOT APPLIED
I DRAW HORIZONTAL AND TREND LINE
THANKS
WISH YOU SUCCESS
QTUMBTC
QTUM BTC coming off the low, is it the 1ne?Deep retracements across the board following the straight rip down on BTC rejection from 10k. Some alts have already hit these low retracement targets. This is a big test for them to hold the lows and see continuation. Good for a swing near term if we can hold the pivot.
QTUM! PARABOLIC SELL OFF **UPDATE**RSI is oversold, so there is the potential to play the bounce, however it is too risky in my opinion, unless you have to motivation to do so. So as listed in my other QTUM chart, except now "updated" to fix the chart text TYPO...I have been expecting a bullish reaction here at the 61.8% Golden Zone, where YES, we can see we have found nice support...for the time being, but obviously the correlation with Bitcoin is strong, as it is with every other coin.
CURRENT STRATEGY.
I'm going to wait and see. We can see previously, we basically double bottomed, and are on our way back down, so I would ABSOLUTELY NOT enter a long position until I see what happens, if and when we reach the lower fib targets.
If we punch through the Golden Zone, then watch the reactions at 78.6% and the 88.7%. But I'm watching from the sideline until we see confirmation of a reversal.
Thanks
**NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE.**
QTUM testing Long term resistance in price and MA.So looking at this chart we've broken the descending trend line and now there is some good room for some incline. There is a resistance around 247 sat that can foreshadow continued bull movement if broken.
Looking at the MA we see a patter of peeks around 0.0001 and if we move above that resistance then we can confirm a nice long position back to ATH.
Anything you would like to point out or share plz feel free to do so. I am here to learn and share ideas.
QTUM - Buy Opportunity - 56% ROI - 8:1 Risk/RewardThe problem with alt-season is that you can't watch all the coins!
Reasons to enter on a re-test of the consolidation zone:
Valid break-out pattern with a clear consolidation zone (squeeze)
Steady accumulation and increase in volume
Smaller time-frame breakout patterns that have hit profit targets
High return on investment (56%) with 8:1 risk/reward
Please leave a comment and a like if you agree with this analysis!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
QTUMBTC (short-term) gain aheadI saw:
- golden crossed
- C&H formed, profit gains few days ago
- now moving in the ascending triangle
Strategy:
- buy in 225 - 245
- stoploss: 200 (ofcourse below the triangle support's line)
As usual:
- target 1: 275
- target 2: 315 (patterns ideal target)
- target 3: 355
Happy trading!
Linh,
QtumBtc TA roadmapTA:
-Completion of 1st wave diagonal due to the indicator to aline my top with divergent spot
-Retracement at golden 61.8 structure hold well and lot of wick below
-obv broke resistant good sign for strong volume
FA:
-QTUM X86 on the way!
TP:
-Shown in chart, need more data to identify the wave
Conclusion:
-Trader: I will hold the 3rd subwave wave completion and took 50% profit
-Investor: Hold till potential previous high as complete 1st implusive wave completion.
-If you follow my previous post I had an entry level and one of my heaviest bag in my portfolio.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Follow and share if you like my work.
Looking for accountability partner in the trading journey and grow as professional trader
Qtum (QTUMBTC) by Popular Demand (219% Earnings Potential)You want to trade Qtum (QTUM)? I am sharing this just because you asked for it... I hope you enjoy it and make good money with it.
Qtum is one of the strongest altcoins in this market, if you look at its market cap. In a nutshell, the project is based on a mix of Bitcoin (BTC) and Etherum (ETH), think about that for a minute... Ok, done thinking? So... now... Let's trade!
***** Qtum (QTUMBTC) Trade Analysis by Alan Masters *****
TRADE INSTRUCTIONS
Buy-in: 0.00200 - 0.00238
Targets:
(1) 0.00254
(2) 0.00319
(3) 0.00364
(4) 0.00424
(5) 0.00589
Stop-loss: 0.00184
Trade strategy: (Basic) Buy, hold and sell on target. The stop loss is always optional, it depends on your trading strategies and goals. Long term holder don't need it, while shorter term traders can make use of it. It is up to you. I haven't been using one since March.
VERY ENTERTAINING
Let me entertain you a little bit.
How can I entertain you right now and for how long?
Will I succeed or will you know?
Are you being entertained yet?
Don't worry ... I am not here for your entertainment, I am here for you to get paid!
Namaste.
QTUM:BTC - Bullish Doji Star/Cup and Handle Super-Duo Forming!Hello and welcome to my latest QTUM vs BTC analysis on the daily log chart.
As you can see after our test of the 23.6% Fib level across 20th-23rd of April, we actually had a false breakout on the 24th. What you may have noticed is that there was no volume coinciding with the breakout which indicated it had a very good chance of failing. This is why I always reiterate the importance of waiting until we have a breakout WITH supporting volume in order for it to be a confirmed breakout.
Over the last few days we have been trading in between the 200 EMA which has provided resistance, and the 50 EMA which had been giving us some support until we opened just below it today. Despite the bearish nature of this cross back below the 50 EMA, our other indicators are actually looking decidedly bullish.
For example; we still have our cup and handle chart pattern forming for which I have added our target level if this completes. In addition (and at the same time); we also have the possibility of a bullish doji star candlestick pattern currently emerging (much like BTC/USD). Now, if this bullish doji star/cup and handle formation super-duo both complete by tomorrows close, then it is likely we will shoot up to the target area quiet violently. It is worth noting that further supporting the potential of the bullish doji star to complete; is the fact that we have been trending in an ascending wedge pattern which has been acting as support. Because the support of this wedge will be literally just below us if we open higher tomorrow than today’s opening; it’s highly likely that it and the 50 EMA will prop us up enough to complete the pattern.
Looking at our other technical indicators; RSI is at the midway point indicating we have plenty of room for an uptrend to occur before going overbought. Aroon Up is well above 50 (88) and Aroon Down is at around 2.5%. This indicates that bulls have the edge here. The MACD is trending above the signal line, however there is virtually no momentum. This doesn’t give us any real indication of which way this will go, however like the RSI we have plenty of room here to build momentum to the upside before going oversold.
In summary I am bullish on this set up. I will be watching closely tomorrow to see if our emerging bullish doji completes, and if so I will have stepped targets building up to the cup and handle target (My targets are: 0.00240 which is about the 200 EMA level, 0.00266 which is level of previous resistance found on 27/02, 0.00275 which is just below the 38.2% fib; and the cup and handle target itself of 0.00285). If we do however happen to fall through the ascending triangles support, then we are dropping until we find our previous support at the green dashed line.
As always, DYOR and hold off from trading until we have confirmation with supporting volume (or trade now at your own risk - it's completely up to you!).
Cheers
Qtum ready to test the waters Again!!Qtum has been testing the down resistance over the last weeks. Currently, the resistance is formed by the down and 200MA on daily. It's worth paying attention here. For an entry on break-out and touch of resistance- support by then:). Or wait for a pullback to the edge of the circle @ 21k sats level. I'll keep updating along the way.
QTUM - Buy Opportunity NowHi All,
Trading QTUMUSD we have a good looking chart on both the 4 hour and daily time frames
EMA's: On the daily chart we had the 55 cross above the 200 a few days back. And now the 55 is about to be crossed to the upside by the 9,13 and 21 EMA's. Very bullish sign.
RSI: Looking bullish to me by making higher lows. See the trend line in yellow on the chart.
MACD: We have just crossed over into positive territory and have some nice bullish divergence happening. Plenty of room for this puppy to run.
I've bought in at $19.50
Stop Loss: $16
Target: Minimum 20% profit target with this trade. Ideally 30% or higher.
BITTREX:QTUMUSD BITTREX:QTUMUSD