QTUMBTC trade ideas
QTUM trading rangeQTUM is in its accumulation zone at the moment with a widening wedge. expect this to continue for the coming days/ weeks before deciding to make its next move.
If it can keep above the 21 day MA this could be a good indication for a move upwards. but this remains to be seen.
That is what I'm looking at for now.
Happy trading!
QTUM BULLISHQtum is a technology that incorporates the best features of Ethereum and Bitcoin, combining the Smart Contracts and Dapps with the UTXO of BTC, additionally has the PoS (Stake Test) which allows mining with low electrical cost and little investment in hardware. In the graph I make a complete analysis of the advantages of this cryptocurrency and also review the graphs in search of investment opportunities.
I heard some rumors about QTUM (possible association with some great name) that motivated me to look at the QTUM / BTC graph.
Key levels:
- for further increases - the level of 0.00460000 and later 0.00569100
- for continuing correction - the level of $ 0.00326500 and later 0.00396850
- for the continuation of declines - the level of 0.00317000 and later 0.00258050
PS: Please follow me on TradingView!
Thank You and Good Luck! :)
Qtum hourly buy entry forming. Bullish cross got tested.Look at that lovely bounce off the 20 moving average just as this is crossing above the 200. And a nice green candle as the graph closes above it.
Qtum is a buy here,
Your first targets are at 0.006 and 0.0095
We're wrong below 0.0033
Good luck :)
QTMBTCQTMBTC - Thank you for your likes and comments. You can also follow my other social media accounts :)
QTUM RangeQTUM has been trading higher on two exchanges leading in volume and price - bithumb (7.9x volume lead) and coinone (.7x volume lead)
You would probably want to pay attention to those and see how the price is arbitraged.
There is not very defined "Support" "Resistance" levels due to the drastic swings on this chart, but there are areas where we can see price consolidating. These also almost match with Fibonacci so I have setup Red/Blue Fibonnaci Support/ Resistance Faded lines to use. Also I have placed a resistance downtrend, and uptrend support which may be flawed a bit but the swing resistance seems to be tested right now.
I would probably wait for more indication before making a trade on QTUM. The % won't be large on trades at this point unless you can catch something with leverage or see something happening on a bigger timeline.
QTUM uptrend. Possible profit >50%I heard some rumors about QTUM (possible partnership with some big name) which motivated me to look at QTUM/BTC chart.
As it can be seen from the chart Qtum is traded in the range 300k-400k sat for some time. Current candlestick suggests a change of the trend and a good buy opportunity. Possible growth to 400k sat which is a strong resistance (upper limit of the rectangle).
If 400k resistance gets broken I expect another leg of QUAT. The targets are 600k and 900k.
Qtum VS Bitcoin Rising To Form Double Top?Qtum managed to break above the descending channel and 200 Moving Average suggesting that is it ready to continue trending upwards. QTUM/BTC producing higher highs and higher lows while trading within the ascending channel.
The overall trend is definitely bullish and Qtum should be moving higher to test 227.2% Fibonacci retracement level applied to the corrective wave after the descending channel breakout. This resistance is based at btc 0.0056 which is very close to the previously formed top in August last year.
The btc 0.0056 is the very first strong resistance for Qtum and it would be interesting to see the price action around this level, which should provide more clues about the further direction of QTUM/BTC. At this point, Qtum could continue trading within the ascending channel and could even move back to test the 38.2% Fibonacci support, which in fact has been already rejected. In the worst case scenario price could drop towards the 200 Moving Average, but only break below it should invalidate bullish outlook.
We will most likely see a Bulish trend in QTUM-BTCI beleave that we will see a Bullish trend within next couple of hours.
Indicators:
1. WILLIAMS %R -the williams %r got below -80 (1D, 1Hr, 30min,15min,5min)
2. MACD -the MACD is below 0 (1Hr, 30min, 15min, 5min, 1min)
3. Stochastic -Stochastic is below 20 (30min, 15min, 5min)
4. I don't see many reasons why the chart should break the support
5. Because we have seen a rise today in BTC-USD of about 11% we will moste likely see it lower tomorror wich will hopfully increase the amount of BTC spent on altcoins.
QTUM/BTC - Bulls Are Back (120% Potential Movement!) Hi traders, As shown in the chart - the bulls are back!
I have already placed my order - a breakout will take us to the targets! - Good luck :)
Target 2 = 0.009
Please note that the information contained in or provided above is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.