Qtumlong
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
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QTUM - looking for an upside move ?#QTUM is still trending below the key bull/bear trend line. The trend line connects a multi-year high of the coin with two other swing highs but has now pushed the coin almost to the wall as constant bearishness overwhelms the bulls. #QTUM has been supported by a minor upward trend line that connects lower highs from the recent days. At one point in time, the pair will have to break the big trend line and clear all stops that sit just above it. In order for this to happen, a more significant non-technical i.e. fundamental catalyst will have to take place to provide a major boost for the bulls. The more time the coin spends below the trend line, the more stops get accumulated above it = the stronger the break out move is. Furthermore, the RSI is trending near the lows on the daily time frame, which also points to the potential bounce.
Idea LONG
Entry: First close above the trend line on the minimum H4 chart. The trend line currently sits at 0.0013700.
Stop: 0.0012600
Target 1: 0.0014300 (swing highs)
Target 2: 0.0015000 (200MA on H4)
Target 3 : 0.0016150 (23.6% retracement)
QTUM: TargetsWell, this is the continuation of the original publication about QTUM so i will not write to much here.
After studying the chart again, an AltShark can be identified inside the Cypher called yesterday.
So for this next QTM move Targets are specified in the Green Boxes.
If you like my ideas, please leave your comment, hit like and share it, i will be very appreciated.
Have a wonderful day!
GoodTrade!
-CJ-
QUTUM.Qutum is an amazing project cause for how it is focused.. They are pointing specifically to certain range of 'customers' so in someway they are building some future basis for crypto revolution and tech evolution.. They have achieve the total compatibility between bitcoin core and ether protocols.. they are making one of the most stables platform for developers who are thinking to make their projects in the blockchain giving them the possibilitie even of create their own tokens or inner chains.
Beside that, nice things are coming for QTUM.. and one of them is the CYPHER completation OR eventually a SHARK.
If this goes like we hope.. QTUM IS READY and profits are over 50%
This is a personal view of the project and Im totaly bullish here... that's why you shouldn't take this as a trading advice or something related.. just is my opinion.. before you take any decition, make your own research and decide in your own wisdom.. I hope you, me and all of us can do that with the clearest mind possible ... cause we all seek to thrive.
All feedbacks, teachings or any constructive comment are welcome.
GoodTrade
-CJ-
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/BTC ready to go!?It is approaching a critical resistance/support fibonacci line, namely the 0.0020 price. This is evident as it has been sitting at this location for some time now accumulating volume. We have a definitive uptrend as indicated by the black trend line. The MACD is ready to go and the cloud is thin, indicating the potential for a breakout. Wait for a move past 0.0021 For more analysis check out
t.me
QTUM Daily TrendQTUM Daily Chart from the 3-31 CointheCrypto youtube video!
coinmarketcap.com
qtum.org
notes on QTUM
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#QTUM looking for correction for buying opportunity.#QTUM has been going very smoothly, if you bought off my old QTUM signal it went 5.25x initial investment.
We are looking for QTUM to correct and gain support at the 618 on the fib. When it does, and support is confirmed it will be a good buying opportunity.
QTUM ForecastChart is self-explanatory. One must note the huge resistance at 420,000 price level. However QTUM has much potential which should overcome such resistance in the future.
Events:
16 January 2018 Starbucks Partnership
22 January 2018 Oxford-Style in Davos
26 January 2018 Blockchain Conference
This is not an investment advice, do your own research.
QTUM Set to Move HIGHERI believe QTUM is set to move higher off of it's support at $50 and will trade up to it's recent resistance at $64 for a 28% Return - You may place a Sell Limit at $63 and then let QTUM trade back down to it's support line again which should be at roughly $52 where you may repurchase or you may simply hold the entire time and place your sell limit at $72.90 for a return of 46%
QTUM has traded in this channel between the support and resistance since Dec 22nd, 2017 and has made this move several times over the last 3 weeks.
Place a stop loss at $39.
Happy Hunting!
QTUM +38-44% target $92-95 completing within 3-6 hoursTwo formations here. First is the C&H formation with the handle currently forming. This gives us our 44% target.
The handle is also a bullish pennant, which gives us our 38% target.
Overall, looks like it could hit $92-95 within the next 3-6 hours.