QTUMUSDT Approaches Rectangle Pattern ResistanceQTUMUSDT Technical analysis update
QTUMUSDT has been trading within a rectangle pattern for the last 150 days at the bottom yearly support. The price is now moving toward the rectangle resistance, and once a breakout occurs, a strong bullish move can be expected. The price is trading above the 100 and 200 EMAs, and there has been a noticeable rise in volume over the past few days.
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Hexa
QTUMUSD
Bullish Breakout or Bearish Breakdown Ahead for #QTUMUSDT?Yello Paradisers! Are we on the verge of a bullish breakout or could a bearish breakdown be looming for #QTUMUSDT?
💎#QTUMUSDT has been trading within a tight consolidation range, hovering between a strong support at $2.040 and a key resistance at $2.789. This prolonged sideways movement reveals a market in equilibrium, with neither buyers nor sellers taking full control just yet. Typically, such consolidation phases set the stage for a significant price move once one side gains dominance.
💎Currently, all eyes should be on the $2.789 resistance level. If #QTUM breaks above this threshold with substantial trading volume, it could kick off a sharp upward move, with the next major target at $4.592. Throughout this consolidation, trading volume has remained relatively stable, but a surge could be the catalyst needed for a breakout. The RSI is showing neutral-to-bullish momentum, supporting the potential for an upward trend if resistance is broken.
💎However, if #QTUM fails to breach this resistance, we could see either a retest of the support level at $2.016 or continued sideways action. A strong rebound from this support would maintain the bullish outlook, while a breakdown below $2.016 could invalidate this setup and signal a shift towards bearish sentiment.
Stay disciplined, Paradisers. In moments like these, patience and timing are key. Don’t let market noise disrupt your strategy this could be a pivotal point, but only for those who play it smart and steady.
MyCryptoParadise
iFeel the success🌴
#QTUM (SPOT- Investing ) entry (1.880- 2.370). SL (1.784)BINANCE:QTUMUSDT
entry range (1.880- 2.370)
Target1 (3.290) - Target2 (4.960) - Target3 (7.740) - Target4 (10.499) - Target5 (13.199)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (1.784)
** This coin may take long time to achieve all targets **
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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I just got LONG QTUM / USD Cryptocurrency: See Charts
I got a LONG-trade just now on Cryptocurrency QTUM / USD.
I don't know much about it but it looks strong on the charts.
You can see the bullish W/bottom which is well supported with strength underneath current price on the Weekly with very strong Stochastics very over-sold however they are pressing up hard and through the 20 level which is bullish coming out of over-sold on the important Weekly- Stochastic.
Also, see in the Weekly / Chart above the MAC-D bullish cross-up recently.
Both of these things tell me that price is very well supported on this weekly chart to come out of its over-sold condition with plenty of support and strength upwards in price going into the new week.
USD could be weak for a little longer, however I do see the USDX turning around and rallying this coming week, possibly Tuesday / Wednesday.
On the 4HR chart notice the bullish Cup 'n' Handle pattern that has formed.
Notice on the Daily Time-Frame here another bullish W-Bottom which has strength because the yellow 9 EMA has recently crossed-up & over the blue 50 EMA & this is very bullish.
Finally, here is the 4HR chart and the Cup 'n' Handle pattern I mentioned.
The spread is terrible on some of these buy-sell orders on the little know Cryptocurrency's so just be aware.
STOP LOSS: Stop at 2.16, which is directly underneath this current bullish candle on the weekly.
Take Profit: 3.86. See chart below.
#QTUM/USDT#QTUM
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 2.05
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 2.28
First target 2.60
Second target 2.85
Third target 3.16
QTUM's long term is bearishFrom where we put the red arrow on the chart, the correction of QTUM has started.
This correction seems to be a double or multiple correction.
Recently, wave X seems to have ended and we have entered the second correction.
The least risky place to buy on large time frames in the medium term is the green range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
QTUM buy/long setupFrom where we placed the red arrow on the chart, it seems that the correction of QTUM has started.
This correction looks like a triangle or diametric as we are now at the end of wave E.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#QTUM/USDT#QTUM
The price is moving in a bearish channel on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the triangle at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 4.00
The first goal is 4.40
Second goal 4.68
The third goal is 5.00
QTUM looks a rocket !QTUM seems to have entered a bullish diametric for some time now.
Now it seems to be inside wave D of this diametric.
The green range is a suitable place for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUM/USDT A Bullish Journey from a Pivotal Demand Level👀🚀💎 Paradisers, buckle up for an enthralling ride with #QTUMUSDT as it plans a bullish journey from a critical demand level at $3.756. This level hints at a robust leap into bullish territory.
💎 A standout feature is its escape from a descending trendline, propelling #QTUM on an optimistic trajectory. This shift marks the resurgence of bullish momentum, favoring an upward surge. If this energy persists, our next target lies at the $6.097 resistance zone.
💎 However, let’s stay vigilant. Should AMEX:QTUM face obstacles and struggle to maintain its stride, a bullish effort from the $3.174 demand level could come into play. But beware—a descent below this threshold may prompt the asset to revisit the trendline it recently overcame, signaling a critical juncture for its short-term direction
QTUM ANALYSIS (6H TF)We have a large diametric, which seems to be in its final wave, its G wave.
It is possible that the g wave will be shortened due to buying pressure. A strong support area has been established, and the price can move from this area to high TPs.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The key is whether it can rise in the 2.442-2.561 rangeHello?
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(QTUMUSDT chart)
(1M charts)
The key is whether it can rise above the 2.770-3.283 range.
(1W chart)
We need to check whether it can rise above the box range of 1.848-2.694.
Even if it rises, the box area formed over the 6.375-19.346 range may be a resistance area, so the extent of the rise is likely to be limited.
(1D chart)
If you look at the entire chart, you can see that there are several support and resistance points.
However, this point of support and resistance can be considered an important point.
The support and resistance points shown on the chart can be said to be points that are meaningful enough to enable split transactions during trading.
Accordingly, you can see that it is a coin that can experience significant volatility at any time.
I think breakout trading, which involves approaching day trading or short-term trading and buying when it breaks through support and resistance points or sections when it is rising, is appropriate.
The box section corresponding to the high price of the currently formed box section is 2.308-2.561.
Therefore, the time to buy is when the price is maintained above 2.442 and breaks above the 2.561 point.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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QTUM roadmap (12H TF)Considering the overlap of the waves and their time-consuming nature, it is clear that QTUM is in corrective waves.
By counting the waves and paying attention to the waves, we seem to be in a double hybrid correction.
The second part is the correction of a diamond diametric, it seems that we are now in the F wave of this diametric.
After the completion of this wave, I expect a correction to the specified range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
QTUM ANALYSIS (2H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUM LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
QTUMUSD: Bullish Deep Gartley PCZ Near 200 Day SMA and 0.618QTUM is sitting at PCZ of a Bullish Deep Gartley it's formed locally near the 200 Day Moving Average and the overall range low to high log scale 0.618 where it may try to rally from to later attempt a break of the trendline and then going for new highs.