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)
Qtumkrw
QTUM/BTC (Testing Key Level of Support)💎Technical Analysis Summary💎
BINANCE: QTUMBTC
-QTUM is now testing the key level of support
-This area is a confluence of previous resistance and support
-If QTUM can break above the trendline resistance
-It will give us a strong bias that the downtrend is over
-And we can see a potential test up to 2800s sat
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
