QTUM - Another Quantum Leap?A bullish pennant is formed once again, similar to the one a few days ago that brought us to $70. Bollinger Band squeeze indicates that it's consolidating and we're looking for a breakout sooner or later. Buyers and sellers respecting the bottom trend line is a very bullish sign as now we have support at around $62 level.
Qtumlong
#QTUM looks like a good buy - RSI LOW, MACD bullish.Indicators implying that QTUM has bounced off support and will rise.
RSI is very low indicating a good buying opportunity.
QTUM/BTC OPPORTUNITYHi Seildev here,
Today we're looking at Qtum/btc at a high activity zone around 0.0012 ~ 0.00128.
- Key horizontal area of interest @ 0.001957
- High of 0.0049 to 0.001957 shows Fib 127.2% at 0.001179 (Support 3)
- High of 0.00423 to 0.001957 shows Fib 127.2% at 0.00132584 (Support 2)
- High of 0.00352298 to 0.001957 shows Fib 141.4% at 0.0013515 (Support 1)
If we are to surpass key level at 0.001957 we can set our target at:
- Target 1 @ 0.001957
- Target 2 @ 0.0025
Side note:
- A nice doji candle has also formed Nov 5th
- RSI Divergence
As always trade with a plan and safe trading.
Seildev
QTUM BTC Falling WedgeBuy on breakout of top of wedge, and rebuy if price tests top of wedge as support.
Will update once I see movement.
QTUMBTC updatePosted my support (blue) and resistance (red) levels. Price is respecting the channel, next level would be 0.002900, then 0.0032400 .
Have your own sl please.
QTUM-BTC - Living on the "Edge"QTUM is currently forming a falling wedge against BTC on a daily chart. Also, MA support and Fib are favoring the long position.
Buy at current levels, with room to average till 0.00255.
Targeting 0.003550 level.
Stoploss can be placed around 0.00249.
Goodluck :)
