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Qtumusdtlong

QTUMUSDT - is an open sourced public blockchain platformWhat is Qtum? Qtum is an open sourced public blockchain platform, leveraging the security of UTXO while enabling multiple virtual machines including EVM and the revolutionary x86 VM. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts. For instance, the block size of Qtum can be increased without the need of a hard fork. promising coin! You will learn the best place where we can trade this instrument at low risk. 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
Long
by Yuriy_Bishko
19
Qtum has surged more than 260% now what next???Hi friends, hope you are well and welcome to the new update on Qtum coin. As it has surged more than 260% and there were two reasons behind that. One was the different signals and patterns were giving clear indications that it is going to make a big move. The second was the two major upcoming events expected on 28th August 2020. First is the offline is staking and a more significant event is the mainnet release. The 260% rally and breaking out the channel: If we move to the live daily chart then we can see after announcement of mainnet release on 21st June the price action turned very strong bullish and broke out the resistance of the channel. And after re-testing the resistance of the channel as support the price action moved more up. Now it can be observed that the priceline of Qtum coin has surged more than 260%. On long term chart the resistance of wedge has been broken out: Now if we switch to the bigger time period weekly chart. Then it can be clearly seen that the price action was moving in a falling wedge pattern. When the release of the mainnet was announced Qtum was already very close to the resistance of wedge. Then it turned more strong bullish and broke out the resistance of the wedge as well. I am not expecting that the priceline will re-test the previous resistance of the wedge pattern as support as it has re-tested the resistance of the channel on the daily chart. Now if we place the different simple moving averages on the weekly chart with the time period of 25, 50 and 100 then price action has also broken out these SMAs. And if we watch these moving averages on the daily chart and include the 200 simple moving average as well then the priceline of Qtum has also broken out all the simple moving averages on the daily chart as well. Now Qtum’s price action has very strong supports of these moving averages on daily and weekly chart. Now there are two possibilities one is the priceline might move down and use the 25 simple moving average as support as it has already been using the 25 simple moving average as support before the next rally. The second possibility is that the price action may use the exponential moving averages with the time period of 10 and 21 as it is retesting these EMAs continuously and move to the upside. Conclusion: Even though the price action has broken out all the resistance levels and having good supports of different moving averages as well and has surged more than 260%. Qtum coin is also having very good backing of two upcoming significant events. But we should take care of the stop loss. For this purpose we can use different simple or exponential moving averages or different other techniques can be used. However, I am not expecting a big correction rally or bearish trend until 28 August 2020.
Long
by moon333
#QTUMBTC Long another potential 100 to 200%QTUM is ready for another ride ! After breakout and confirmation, we can see QTUM gain over 100-200%. Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there. Technically Qtum looks bullish as it is above all important moving averages also we are getting Bullish MACD confirmation and crossover. QTUM is fundamentally strong too with their Mainnet and offline staking news on the end of this month Fundamental Analysis :- Mainnet V0.19.1 Launch Phantom on Mainnet Neutron Release Offline Staking Short term traders can benefit too ! 24-34% is not bad at all. IF this holds we can expect another Bull run by QTUM. ENTRY: CMP (2350 Sats ) Targets: 2934 3160 4854 7175 SL: 2138. Do DCA and buy in Dip If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section. Remeber this always #Golden Rule #BTC moons Alts Rekt This is what I think. Share your opinion guys! Stay safe #PEACE
Long
by CryptPeak
1