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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Qtumusdt
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
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#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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#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
Altcoin Boom and QTUMUSDT 150% PotentialQTUMUSDT has broken above the uptrend trendline resistance, a significant milestone in its price action journey. Following this breakout, we observed a subsequent breach of the previously established high at $4.27. While the current pullback may appear as a temporary setback, it actually presents a compelling long-term buying opportunity not only for QTUMUSDT but also for most altcoins.
This pullback could mark the onset of the strongest upside wave for alts, with the potential for approximately 150% price increase in the coming months. For QTUM, our upside target is set at $10.6, aligning with the 361.8% Fibonacci retracement level.
Be prepared for what could be an extended altcoin season, offering opportunities for both short-term and long-term positions.
QTUM/USDT Need to bounce from the support for back to upward!💎 QTUM has recently encountered notable market dynamics, currently resting on a support area.
💎 If QTUM demonstrates a positive sign such as a bullish candle rejection at this support, there is probability for a bounce upward, leading to a retest of the strong resistance area.
💎 However, if QTUM fails to bounce at this support level, it could be a concerning sign. A breakdown below the support level may lead to further downward movement, with the next potential stop being the demand area around 3.134.
💎 QTUM must bounce from the demand area and reclaim the area above the support to sustain upward momentum. Failure to do so could result in continued downward pressure on QTUM's price.
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
QTUM ANALYSIS🔮 #QTUM Analysis —— BREAKOUT 🚀
💲💲 #QTUM was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally towards $8.946 and more💰 In Coming Days ✍️ ✅
📊Current Price -- $5.831
🎯Target Price -- $8.946
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#QTUM #Cryptocurrency #Breakout #DYOR
QTUM USDTAMEX:QTUM is looking good in a Weekly chart and is showing positive signs. It is consolidating approx from 623 days. After flipping the zone in blue at 3.845 It will be a good time for an entry. If a daily or 4-hour candle is closed above the level, you can take an entry on this.
All the information you need is right there on the chart. It’s important to set a stop-loss, which is like a safety net to limit potential losses in case the market