QTUMBTC trade ideas
QTUMBTCQTUMBTC
Entonnoir : W/D/H4 (swing)
Le biais weekly est haussier avec le prix qui vient du bas du range (blanc). Le daily (découpage jaune) est également haussier et à sa 2ème impulsion et donc tradable sur le H4.
J'ai donc pris un trade sur la sortie de compression H4 (bleu) ce matin.
SL à 515 en-dessous du dernier creux daily.
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Funnel : W/D/H4 (swing)
We have a bullish bias on weekly because the price is coming from the bottom of the range (white). The daily (yellow drawing) is also in uptrend and currently at its second impulsion wave, which means that I can trade it safely on H4.
Therefore, I just went long on this compression breakout on H4 (blue) this morning.
SL set to 515, right under my last daily bottom.
#qtmbtcBuy in deep. its now completing E wave, then the uptrend is expected to begin
I will update it soon...
Do not forget about SL
Comment your opinion
QTUM/BTC approaching Support Zones: Quantum ready to buy again ?Quantum had quite a spike which has mostly retraced.
It is now approaching some Fib support zones to watch.
BUT need signs of accumululation (sideways for a while).
600-610 would be the Ideal bounce point.
569-580 should bring very strong buying.
520-569 could breach, but better bounce hard.
Qtum (QTUMBTC) Breaks Above Resistance (Crypto Bullish March)Many altcoins are preparing for what appears to be a strong bullish March 2019.
Qtum just broke above resistance today. These resistances levels are marked by EMA10 and EMA50.
QTUMBTC broke with a high volume candle, making this a solid breakout (not a fake a one), and this is just the beginning.
By breaking above EMA10 and EMA50, the potential for this altcoin changes from bearish to bullish, and we are seeing too many altcoins do just that... Changing their potential from bearish to bullish...
So just as Qtum, many altcoins are breaking above resistance then just consolidating slowly, without much retrace, waiting for the next move, why is this happening? Let me tell you below.
If these altcoins break above resistance and remain strong, they are preparing for a strong impulse UP!
The cryptocurrency market is about to experience a strong bullish month. This is what I am getting from looking at dozens of charts.
So get ready, be prepared...
Massive profits are coming our way.
Namaste.
QTUM-BTC Long Trade PlanCommodity : QTUM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 7% to 32%
Prospective Loss : 7%
RRR : SL to TP1 is 1, SL to TP2 is 1.8 , SL to TP3 is 3.1 and SL to TP4 is 4.5
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
QTUM/BTC Long 1-Technical analysis:
#Classic Analysis: Price is in historical supportive zone
& down trend line’s broke out
2-Position details:
*Entry: After green zone’s breakout , get a good trigger in lower time frame
*Stop loss=0.000485-0.000500
*Take profit 1=0.000682-0.000697
*Take profit 2=0.000919-0.000934
*Take profit 3=0.00119-0.00121
*Profit/Loss ratio= 1 minimum (based on TP1)
forming a falling wedge$QTUM forming a falling wedge that is reaching its break out zone around ~522sats. Volume decreasing. Current values at Bollinger band lower band. MACD falling and RSI almost oversold. Once volume appears and a signal from the UCTS, we could expect to see great movements. #QTUM
QTUM/BTC building a nice bottom, potential position tradeQTUM has been building a nice bottom over the last month or so with a great looking inverse head and shoulders, and since its previous down trend there isnt a whole heap of structure in its way for a return to descent price.
looking to start adding to a long term position here at the bottom of the right shoulder and keep an eye on this over coming weeks.
first to mid term targets 50-130% with the next major market structure at around 300%
this may not be something we hold the whole way up as we know the market doesn't move in a straight line, so we may look to trade this the whole way up (if thats its direction) and compound our bag all the way to final target :)
Remember, position trading comes with bigger short term risks, you need balls to hold through the dips, if your not prepaired to take 20-30% neg hits then position trading is not for you ;)
QTUM - Inverse Head and ShouldersQTUM's daily has a nice inverse head and shoulders set up. We have an obvious left shoulder and head with the right shoulder already starting to curve upward toward the neckline. Divergence can be seen on the indicators. This makes a great entry point as the price action is already headed in the right direction.