Qtumusdt
QTUM fib levels#QTUMUSDT
$QTUM in 4h chart made a parallel channel that we can consider it as flag for continuation of uptrend.
also in weekly chart if price follow AB=CD pattern it will touch $36 or even $47 .
although in short term price will go through 0.5 fib level $16.5 and maybe 0.618 fib level $19.
Qtum - best scenario to buy🤯Qtum has shown very good growth recently. The chart now shows that the price has broken through the accumulation zone. If it tests the upper boundary as support, it could be a good buying point.
As an example, the recent accumulation, a break-up, a retest as support and an upside move.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
💡Don't miss the great buy opportunity in QTUMUSD @qtumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (11.556).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 13.764
TP2= @ 16.298
TP3= @ 18.691
TP4= @ 22.610
TP5= @ 26.527
SL= Break below S2
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💡Don't miss the great buy opportunity in QTUMUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (11.556).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 13.764
TP2= @ 16.298
TP3= @ 18.691
TP4= @ 22.610
TP5= @ 26.527
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LONG QTUM/USDTQTUM looks good to buy here. Bouncing back from the lower trendline where we also have the 200 days moving average. Expecting a profit of 10% to 15%.
You can start accumulating from $9.86 to $10.31.
SL will be at $9.602
Target 10% to 15%.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Like and comment.
QTUMIt has been stuck in the resistance area for the past 3 days
If it pass, will reach the target
Given the market climate and the shape of the Ichimoku cloud, I expect the resistance to break in the near future
And go to the specified target
If the market has a temporary decline, the best areas to buy are the yellow box
QTUM/USDT Update: Explosive move directly to first TargetQTUM did break above the 7.5$ line and formed a consolidation bullflag which broke upwards as well.
We now reached the first target zone defined by 11-12.5$.
Looking at this strong move we expect some consolidation before we break into and through this target zone.
We closed some part of the position and did take partial profits.
Once we move above 12.5$ we maybe get back in for the ride to 25$.
Daily chart on the left hand side:
- We see a strong recovery which could take some more weeks according to the current price position and the recent ATH.
- There is a volume spike with a strong price move. --> We expect some cooldown.
- On the RSI side we passed the 70 line which is a warning flag that we go up very fast.
There could be some resistance on the RSI side was well as indicated by the orange line.
4h chart on the right hand side:
- We see a golden cross indicated by the yellow camera.
- The RSI is above 80 in the overbought. So be careful.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUMUSDT Symmetric TriangleQTUMUSDT Technical analysis Update
QTUM/USDT currently trading at $8.00
Symmetric triangle breakout
Buy level: $8.00 -$8.15
Stop loss: $7.80
TP1: $8.35
TP2: $8.50
TP3: $8.80
TP4: $9.40
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
QTUM/USDT Consolidation before the relief breakout?QTUM consolidates between the 4.8 support line (green) and the 7.5 resistance line (orange).
Currently we even can draw falling triangle (yellow line).
On the right hand side we see that price action currently moves between the 200ma and 50ma.
One we break through the 200ma we expect a relief rally with higher highs and higher lows.
The RSI on the daily chart on the left hand side shows that we are moving upwards where a higher low was printed indicated by the yellow line.
Currently we stay neutral until we get the upwards breakout.
Volume so far declines which means we have no indication here for a nearby trend reversal.
So let's see and hodl.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUM: Triangle frustration before a big moveQTUM is showing why investing in a triangle breakout can be frustrating. When you think you have identified a triangle (see teal), you buy at the breakout only to find out there is a bigger triangle taking place (see green)... Either cases point to higher prices in the upcoming days but it is easy to be stuck with a losing trade in the very short term.
QTUM/USDT Regaining the 200MA after Bitcoin initialized dropdownQTUM did break through below the 200MA initialized from the Bitcoin drop.
Now QTUM is in recovery mode to gain the 200MA back as support.
The previous support around 4.5$ did hold and the next target is the lost 7.7$ line.
As a major proof of stake Blockchain QTUM should have a great 2021.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.