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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Qtumusdt
QTUM's Bullish 🐉Dragon🐉 Pattern 🚀In the realm of cryptocurrency, patterns often reveal the hidden narratives of price action. Today, we dive into the fascinating world of QTUM, where a remarkable pattern is unfolding - the Dragon. This pattern, akin to a double bottom but featuring a lower low, signifies a reversal with potential bullish undertones.
The Dragon Emerges: A Distinctive Pattern
The Dragon pattern is a technical formation recognized by traders for its potent reversal signals.
It shares similarities with the double bottom but offers a unique twist with a lower low.
The pattern typically comprises two lows, separated by a peak known as the 'head.'
QTUM's journey showcases the emergence of this pattern, signifying a potential trend reversal.
The Mechanics: Breaking Down the Dragon
The first low of the Dragon represents a substantial price drop, often driven by market sentiment.
Following this, a rally occurs, forming the 'head' of the Dragon, as traders regain confidence.
The second low creates the 'tail' of the Dragon, often dipping below the first low but not significantly.
The pattern's completion typically signifies a transition from a bearish trend to a bullish one.
The Dragon's Roar: Bullish Potential
The Dragon pattern is perceived as a powerful bullish signal by traders.
Its formation indicates a shift in sentiment, potentially leading to an upward trend.
QTUM's embrace of this pattern suggests an exciting opportunity for traders and investors.
Conclusion: Seizing the Dragon's Potential
As QTUM unfolds the Dragon pattern, traders and enthusiasts have the chance to explore this intriguing setup. Recognizing the mechanics of the pattern and understanding its significance can empower traders to make informed decisions.
While the crypto market remains dynamic and unpredictable, decoding patterns like the Dragon can be a valuable tool. Remember to employ sound risk management practices, stay informed, and be part of the thriving crypto community.
See related ideas below❗
Feel free to like, share, and leave your thoughts in the comments. 💚🚀💚
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
qtumqtum chart is front of you. It went up thrn rejctected and created LL, after that itcreated LH and rejected from Golden fibb level. Now price is around 2.62 and im expecting again a bull back towards another golden zone and possible rejection here because of bearish order block and bearish goldenzone. This will lead it towards its main buy order block which will send it towards another high.
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
QTUMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for QTUMUSDT As you can see, the price is below a resistance line which has been attempted to be broken multiple times but has not been able to do so. Currently, we have two scenarios in mind. Scenario one: If the price is unable to establish itself above the resistance line, we expect it to take a brief rest and then move downwards towards its support line. Scenario two: But we expect the price to be able to move above the resistance line and eventually move towards its Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Bullish Divergence on MACD - QTUMUSDT May See 9% Price IncreaseQTUMUSDT has recently shown a promising bullish divergence on the MACD, and after testing the bottom of the descending channel, it has broken above the downtrend trendline. This is a strong indication of short-term bullish momentum, and we could see a potential 9% price increase from the most recent support.
However, we must remain cautious as the recent low still poses a threat. If it gets taken out, bears will gain control and we may see a downtrend continuation.
QTUM formed bullish Gartley for upto 53.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin with US Dollar pair.
Previously we caught 55% pump of QTUM as below:
Now on a daily time frame, QTUM has almost formed another bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The key is whether it can rise above 3.283 around March 29thHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(QTUMBTC 1W chart)
The key is whether it can rise above 0.0001 825 to 0.0002 373.
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(QTUMUSDT chart)
In order to continue the upward trend from a long-term perspective, it must rise above 5.529.
To do so, we need to see if we can sustain the price by moving above 3.283.
That way there is a chance of getting out of the bottom section.
if it goes down,
1st: 2.823
2nd: 2.222
You need to check if it is supported in the vicinity of the 1st and 2nd order.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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QTUM: INCREASE VIEWQTUM Showing depends on a low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor QTUM to see if it shows any upward movement in the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
QTUM formed bullish Gartley for upto 22.505 pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin with BTC pair.
Previously we caught a very powerful pump of QTUM, as below:
Now on a 4-hr time frame, QTUM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade