QTUMBTC trade ideas
Clarify the direction of the QTUM currencyASLAM ALYKOOM
Note here from the beginning of December 20, 2017 and prices are moving
Incidentally between levels of resistance and support
For 24 days, the BTC 0.00282 support line was too strong to be breached
Now prices are facing resistance line 0.003406 BTC
If breached, prices will move to a new resistance line at 0.004232 BTC
It is a very strong resistance line that has been rebounding from more than once
If breached it will be the first target at 0.005000 BTC
Qtum entry and exit strategyQtum seems to be forming a bullish pennant.
Entry point is at the bottom of the pennant, risky movement is buying at 3000 sat, with a stop loss under the next fib ret (2800sat).
More secure movement is to wait until support of pennant is confirmed, then buy around 3100 sats.
Balanced movement is to buy 50% of your allocation at 3000 sat with stop loss at 2800sat, wait for testing and bouncing from resistance, then buy the other 50% around 3100-3200 sat.
If qtum manges to touch the top of the pennant before the 16th of Feb (Start of Chinese new year) extra caution should be taken, profits should be taken around 3800 sats (25% to 50%), then buy back close to the support line.
Between 16th to 23th of Feb. pay attention to volume, if is enough to break the pennant top resistance then it is a good idea to prepare another order to buy more qtum, but wait for a retest of the previous resistance that then should became a support.
QTUM breakoutHello guys, i am publishing it for the first time. Lets see if it works out for all of us.
It appears that the QTUM is being consolidated. The price will most likely go up. However, it depends on BTC as to how it makes a move. Lets hope for the best and the market will be in green zone by 5th of Feb.
Any feedback please?
QTUM/BTC Prediction for sure!There`s consolidation right now. So, it`s time to buy for low price.
Buy Zone:
First Buy 0.003901 - 0.0029 BTC
Second Buy 0.00408 BTC
STOP:
0.00261 BTC
Upcoming Events:
During January 2018 - Listing on COBINHOOD
02 February 2018 (or earlier) - Satellite Node Launch
Good coin for good trade!
Qtum up!!Qtum to launch satelite to space
resistance ahead if break
take on fibb retracement
take your profit when it fit you,
keep in mind these week is not a good week for big profit
TA:Triangle pattern break, if break channel -> more to come
FA: event on 2 days or less
this is good coin.. if you guys like it you can hold other than trade it
good luck guys :)
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The slow Ascending triangleQTUM is slowly but surely forming an ascending triangle, entering now would not be a bad idea.
This coin has a strong resistance line at 0.04 but we should be able to break it... eventually.
This will take about 1 or 2 week to materialise.
As always, RSI and EMAs will be king, but also volume. Once volume start to build up, we will know when the breakout is about to happen