TRADE REVERSAL - QTUM - [\M-W/]As what we can see,
good team potential
wallet update: Adds GUI support for #Qtum QRC
trend change since ICO 0.00% in my opinion good time to grow up
in my opinion good opportunity to check this project now
Bless
MW
ed:
TIP:
check trend on BTC and other oscillators to decide where you want to go
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QTUMBTC
QTUMBTC- QTUM is still in the accumulation phase
- possible partnerships announcement coming up in the next week
- scheduled to be added to a new korean exchange next month
- targets are marked for profit taking
- buy zone is in the accumulation area
- ideal to hold at least a week or two
- TRADE at your own risk
- set stop losses as necessary
QTUM/BTC indicating a reversal pattern upwardQTUM/BTC is showing a falling wedge pattern that could be the beginning of a reversal upward. Keep your eyes on the price movement. I set a price alert at around 0.00148000 BTC.
QTUM is a great project backed by a solid team; this might be a great entry point.
QTUM longWith season goes positive for the alt coins and 25th October is getting closer, surprisingly good moves earlier than expected.
with the Demand zone holds well, the price is climbing steadily. There could be some drop on the resistances (red line) but the demand is expected to grow more after 25th October which would push up the price nicely.
Have your sl.
Note : I hold QTUM based on the above logic.
Easy money on QTUMThis is my thought. No need to explain this. you can see it , you can feel it and also smell it.
Its already in the edge of triangle . Just less than 3 days, you can see how much they respect that purple resistance so much . and more surprising about that , after bloodbath and crush that forever support, they already on track today.
FA: just remember that they will announce exciting news in the october as they said on end sept.
as i already said to you, its really easy money for us :)
tip:
BTC= 1DpnGCFLkUfpewwKyXVCxTCgiz8FpSwtFP
LTC = LVq8CGJZAiq5VPYH4QjfjbYrpoMtwhe3pH
ETH = 0x6c7042ef0149eab08c35de933dfb3d572def7363
QTUMBTC: Still moving upSo QTUM has really defied my expectations in terms of price action for quite some time now. The platform is a hybrid of Ethereum and Bitcoin, and aims to offer the best of both worlds. Great idea in theory and they are attracting dAPPS from Ethereum already. The China FUD did it no favors, but they also missed the boat with announcements of exchanges that did not happen in the timeframe they claimed as well as the delayed token swap. Regardless of all this, the project is promising and I've bought dips. I am aware of one of the founder's potentially shaky history, but at this stage, I'm here to try and make some money by investing in projects with good potential. QTUM does seem to have potential at this stage.
From a chart perspective, I have not even looked at indicators, I'm mostly looking at trends here and how QTUM price action has progressed. After the initial strong run up, each peak has been progressively lower and each valley has as well. Recently that changed where we saw the support trend line reverse and begin to move upwards. Of course, Bitcoin disrupted that recently, but what I believe is important to note is that the bottom we had was higher than the previous bottom (purple arrows). Also, the volume during that sell off was not that great. This suggests that, despite the previous uptrend being broken, the overall uptrend is still intact. Hopefully, we will have further upside in the not to distant future.
Let's see...
QTUM Bullish Pattern QTUM seems to be gainin momentum ..
MACD lines crossed
STOCH RSI oversold with an trend above.
With the recent Bitfinex listing its overdue for an pump. Next exchange will be announced early next week. Qtum satellite will be launched within 2017 and many more awesome news.
I believe the only reason for QTUM not to breakout already is due to the needed recovery of the china desaster - the bad marketing regarding previous exchange listings and the recent upcoming BTC Hardfork and ETH Metropolis Hardfork is in front of the door already.
as soon as those 2 bigs are finished with the forking - people will switch back to alts.
As always this are just my 2 cents - its not guaranteed it will come like i say - but my aspergers often told me i was right ^^ - so lets hope its the same this time again
Bearish long terms, risky and bullish short term Couple of potential scenarios here.
I'm relatively bearish on day trades, but waiting of BTC hard fork -> coinciding with potential descending triangle pattern breakout by the top .. .very bearish sign here...
Be wise and patient... Don't engage more than what you're ready to lose.