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QTUMBTC

Qtum - best scenario to buy🤯Qtum has shown very good growth recently. The chart now shows that the price has broken through the accumulation zone. If it tests the upper boundary as support, it could be a good buying point. As an example, the recent accumulation, a break-up, a retest as support and an upside move. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
17
Qtum (QTUM) - July 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (QTUMUSD 1W Chart) If the price is maintained above the 8.10657467 point, we expect the uptrend to continue. (1D chart) We'll have to see if we can get support by climbing to the 7.56184295-9.73755274 section. If the price is maintained in the range of 9.73755274-14.08897260, it is expected that the upward trend will continue. However, it is expected that the upward trend will be accelerated by breaking out of the downward trend line. If it declines from the 5.048232 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required. ------------------------------------ (QTUMBTC 1W chart) It remains to be seen if it can move above the 23730 Satoshi point and turn into an uptrend. If the price continues to rise above the 46500 Satoshi point, a move to create a new wave is expected. (1D chart) If the price is maintained in the 20230 Satoshi-26850 Satoshi section, it is expected to turn into an uptrend. If it falls from the 16920 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy for profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
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by readCrypto
2
QTUM gold mineGreetings, QTUM has been trading since 2017, on many top exchanges, you can trade both long and short. It was once in the Chinese ranking of the most promising projects. But personally I don't pay attention to the fundamental news at all, I only look at the chart. Let's look at the weekly chart first, the price has decreased by 99% from the highs. For those who like to hold altcoins, a telling example, what it can lead your deposit to. I suggest to understand what has been happening over the last couple of years with this cryptocurrency. The main trend of the instrument was descending, after the breakdown of the trendline in February 19, we can say that a sideways movement started and a horizontal channel was formed, with the price step about 60%. And we can see several attempts to break this channel. At the moment there is another attempt to break through this channel, and the down-trend line. A break-up and confirmation of 4.3 would be a signal that the sideways trend is over and the bulls are here. Breakdown and confirmation of the lower boundary of the channel will be a signal to sell. Let's go to the daily chart. The price at the moment is at the resistance of the descending trend, and at the horizontal resistance zone of 3.5-4.3 from the weekly chart. The horizontal volumes also show that this is the boundary of the major volumes, over the last 2 years. On the weekly chart, the main horizontal volumes were in the range of 9-14$. On the four hour chart you can see that the price has broken through the symmetrical triangle, and confirmed the support. I gave an entry point for this trade from the minimum values. After the triangle breakdown price made about 60%. On the weekly chart to bitcoin, there is now a pullback after the breakdown of the trendline. What are the conclusions and prospects. For me this trading instrument is interesting and has good volatility, I think trading is clear to those who have at least some minimal experience. They don't have any advantages for beginners. Always use a stop loss, and do not use a leverage higher than x3. A trader should always have tomorrow. If this information is useful, please like and subscribe, so as not to miss anything.
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by Kirill_Gaitan
5