QTUMUSD
✳️Qtum/USDT (12/11) View + Trading Plan #QTUM $QTUMQTUM has conquered the 2$ zone and made it becom a strong support zone for QTUM.
QTUM is heading to 2.6$ zone and 3.5$ zone
The risk only occurs when the QTUM falls out of the 2$ zone, but the probability is not high.
📈BUY- LONG
-Buy: 2-2.1$, stoploss if B
📉SELL-SHORT
-Sell: 2.6-2.7$, stoploss if A
-Sell: 3.4-3.5$, stoploss if A
♻️BACK-UP
-Sell close to 2-2.1$ if B, stoploss if A
-Buy: 1.6-1.7$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
QTUM/BTC 166% Potential From here with Tight Stop Loss#QTUM/BTC TA Update:-
#QTUM currently trading at 1300 Satoshi level.
I am buying here around 1300 Satoshi.
Why ..?
According to Chart I drawn chart so looks bullish.
I personally can expect bounce from here.
Small stop loss with high rewards.
Entry:- 1250-1320 Satoshi
Targets:- 1983/2523/3437 Satoshi
Stop Loss:- 1220 Satoshi
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QTUM Descending Triangle *** Stops need to be re-adjusted and R:R reassessed at point of entry. As a guide, I usually count 6-8 candles back from my entry point on the timeframe I’m trading on and place my stop just below the lowest wick within those 8 candles in the case of a short, or above the highest wick of the last 8 candles in the case of the long. If this rule means your R:R to target one is not good, don’t take the trade. ***
QTUM
Probable
- Long term descending triangle on daily - bearish pattern
- EMA’s bearish on daily, 12hr & 4hr
- Looking for BCR of yellow box zone
- 2 short targets
Possible
- Look to see if we create a HL within the triangle for a heads up trend may change
- Wait for EMA’s to turn up and cross bullish
- Wait for break out of the long term down trend line
- Wait for retest of the new support
- 2 long targets
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
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Not Financial Advice
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#QTUM BTC UPDATE> QTUM Making Double Bottom Form
> QTUM Making ' W ' Chart Pattern
> QTUM If Day Candle Will Close Above 2600 Then You Can See Positive move very Soon
````````````````````````````
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! :)
````````````````````````````
QTUM/BTC (Test the 2600 sat Area of Support?)QTUM/BTC
-The price is trading on a short term downtrend
-The key areas to be watching is around 2600 sat region
-This is a confluence of previous resistance turned support
-Chances of a strong bounce or building support around that region are high
-But before you enter a position, wait for any bullish reversal signs
-This will help you reduce the risk and add extra confirmation that the market will reverse
QTUM looks super bullishQTUMUSDT pair looks very bullish as we have mainnet on the cards with almost 2-3x Potentials for gains.
With conquering ema 50/100/200 Qtum Broke out of consolidation Zone and gave a huge Spike after which we waited for the entry at 0.5 Fib level on daily time frame.
The TP's are also mentioned on the chart with 1st being at 1.618 FIB Level.
The average buy zones are mentioned in the chart which are $ 3.8 - $ 3.4
Thanks
Anuj Tated.
This is not financial advice. DYOR
QTUMBTC let's setup buy orders on this retrace .. Easy trade !I will setup buy orders for QTUMBTC on retrace @ support area and also trendline (blue line)
Buy on green flags @ 2750 and @ 2250
Sell on red flag ( I expect new highs @ 5k area) ... or where you feel confortable with profit ...
SL 1950
I don't use leverage on this trade ... We can have 80 - 100% profit without any stress
Nice events ahed for Qtum in next period !! We can even have 10$ price! Let's see ;)
Cheers!!!
PS. If is not getting filled no problem ... We will find other trade ;)
QTUMBTC let's setup buy orders ... nice events ahead for QtumI will setup buy order on QTUM on retrace @ support area and also trenline (blue-line)
Buy on green flags @ 2750 & @ 2250
Sell on red flag ( I expect new highs @ 5k area) ... or where you feel confortable with profit ...
SL 1950
I don't use leverage on this trade ... We can have 80 - 100% profit without any stress
Cheers!!!
PS. If is not getting filled no problem ... We will find other trade ;)
QTUMUSD Second Chance: Profit=384% SL=64% Reward/Risk > 6:1Second Chance Trade Setup Summary:
Profit targets => 384% = { TP5= 42% + TP6= 72% + TP7= 108% + TP8= 162%}
Stop Loss =64%
Reward/Risk > 6 : 1
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (3.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 5.00
TP6= @ 6.02 New
TP7= @ 7.30 New
TP8= @ 9.20 New
SL= Break below 3.00
--------------------------------------------------------------------------------------------------
First Buy Current Status:
Total Profit: 346%
Closed trade(s): 346% Profit
Open trade(s): 0% Profit
Trade Setup:
We opened 5 BUY trade(s) @ 1.97 based on 'previous Forecast' at 2020.07.28 :
Closed Profit:
TP1 @ 2.35 touched at 2020.07.29 with 19% Profit.
TP2 @ 2.70 touched at 2020.08.01 with 37% Profit.
TP3 @ 3.00 touched at 2020.08.10 with 52% Profit.
TP4 @ 3.65 touched at 2020.08.17 with 85% Profit.
TP5 @ 5.00 touched at 2020.08.21 with 153% Profit.
19% + 37% + 52% + 85% + 153% = 346%
Technical analysis:
. QTUMUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
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