QTUMBTC trade ideas
BTC -QTUM -Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 15000 BTC( 6 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **27 ( 8 / 10 )
Website ( 7 / 10 )
Type a decentralized #Blockchain application platform
Overall ( 7 /10 )
Between 50,000 - 58000 are the best level to accumulate for a long term investment.
As long as BTC stays above $5800, We found the bottom for most of the alt coins.
96% down from ATH in USD value.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
QTUM - More room to fallQTUM has touched a monthly support level. The next 2 major wicks were really close but it never touched. This is a sign that QTUM is in accumulation right now...
In my opinion, I can see QTUM fall a bit more based off TA and the market we are in right now. QTUM may even create some new support levels.
Trading Plan: QTUM 25% !!QTUM Making Bullish Channel and Now Buying Zone.
Buy 590-600
Sell 670, 730 & 750+
Stop Loss 540
Let See , What Will be Next Move.
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
QTUM May Provide Nice Gains SoonWe haven't covered $QTUM in a while, so let's get to it.
So, from first glance, QTUM/BTC actually looks promising. Why not?
Let’s take another scrolled out look at the price action now:
Relative Strength Index (14)
Zerononcense Balance of Power RSI (Custom)
As we can see here, the indicator is trending heavily downwards, which indicates distribution (selling). Whenever the line turns red below the purple overlay (“oversold”), then we can begin looking at whether there is some accumulation on the chain.
Until that point, it appears that this is yet again a ‘wait and see’.
Conclusion
The positive thing here is that the downtrend has definitively been broken on the daily chart for $QTUM.
However, there is still some price action that we need to wait for before we can publish an idea in which we definitively enter into the trade.
Until that point, this is worth setting a couple of well-placed alarms on and waiting.
Qtum looks pretty, possible fast 20%Hi, Qtum looks very nice here, we found bottom at 50ksat, now we slowly go up inside flag, there is few resistance and supports, and support on price range (red). Looks like Qtum will be continue in this pattern and we can join to the trade.
Stoch looks like that thirdtime will go up.
Buy range 58000-61000sat
1. Target- 70000-71000sat
2. Target- 79000-80000sat
Stoploss- 54950sat (I have Qtum in my longterm portfolio, thats why this wide Stoploss)
I will update it
If you like my work please leave like, comments or follow
Thank you
Qtum newsInteresting move here. Half of the large upward move earlier was from buying pressure and coins dumping. Looks to be some price suppression. Bollinger bands are expanding nicely though. QTUM has also partnered with AWS china. Much of the same type of announcement TRX made recently these projects need more computing power. Qtum is aiming to create blockchain-as-a-service for enterprises. Global Node count is at over 5,000, Half in china.
QTUMBTC LONG. SUPPORT ABOVE WEEKLY OPEN BLOCK AND QTUM IS READYLower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a great trader, it's all risk to reward in the end.
Good luck,
The TRADRZ Team
Original idea by Ribz
QTUMBTC LONG. SUPPORT ABOVE WEEKLY OPEN BLOCK AND QTUM IS READYLower timeframe levels will be posted in a chart in comment section for further analysis.
Low timeframe structures can aid in minimizing risk by understanding invalidation levels.
The Higher timeframe context gives us the big moves (reward) the lower timeframe can
give us great entries and tighter stop losses (minimal risk).
This understanding is what makes a great trader, it's all risk to reward in the end.
Good luck,
The TRADRZ Team
My Quantum (QTUM) Trade I've been watching QTUMBTC since the Amazon China partnership, which is indeed real as far as I know. If this had happened during last year's bull run, it would have spurred an instant 100-300%.
www.coindesk.com
It has struggled since to get out of this accumulation range, but it has HUGE upside potential and thought it had a good risk/reward ratio, so I took some of my BAT profits and entered a small position a little below 600 satoshis. We COULD form a big compound inverse head and shoulders soon (shown in red on my chart). This is an interesting hybrid BTC/ETH coin with some long term potential, although some interest has really dropped off lately. Currently flying under the radar, which is what I like! It is well off from its all time high both in BTC value and in USD value. It reached $80 during the bull run, so it could easily 20x from here if BTC returns and the coin sees some more use. We'll see what happens!
BUY:
586-620 Ideal entry (I bought around 595)
620-650
STOP below 586 or the light blue trend line on my chart.
SELL TARGETS:
800 First target
1000 2nd Target May take some profit here.
1500+ I will definitely take some profit here, hoping it makes it. I'm looking for this to be a low risk-high reward trade. We need more volume though.
4000+ all time high
This is not financial advice, nor am I a qualified financial advisor. I'm posting this chart so you can follow along with my trade (and for my own personal growth and trading education).
-Victor Cobra
QtumBTC Potential Buy OpportunityQtum trading in Bullish channel and price bottomed out with a formation of incerse Head and shoulder pattern.
The pattern target is stated on the chart.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.