QTUMBTC trade ideas
QTUM/BTC BTRXStock RSI looks good for both 1h and 1d.
MACD seems to reverse.
May test previous support zone
Qtum Cup and handleQtum just broke its local downtrend and formed a nice cup and handle, expecting a break of the Lowest fib level and a test of the second one
QTUM: My Body is Ready.BITTREX:QTUMBTC 2.80% has been in a downtrend for quite some time but is primed for a trend reversal. On the larger timeframe, it becomes clear that the downtrend is becoming weaker and QTUM may have completed the last impulse wave in the trend. That combined with the moving average congestion and Bollinger Band compression would seem to suggest a strong move is upward incoming. This would be a great place to pick up some QTUM for a long term hold.
Optimal Entry: 0.00115 - 0.00118
(Waiting for break above 0.00123 is also an option)
Update with targets and TP's soon once move becomes clearer.
QTUM double bottom into breakout Qtum is one of my favorite Cryptos, it hasn't gotten much attention lately. RSI is suggesting a buy on this level. I think we are going to see new ATH's soon. I May be a little to bullish , but defenitlly a solid buy in for mid or long term trades.
#QTUM looks like a good buy - RSI LOW, MACD bullish.Indicators implying that QTUM has bounced off support and will rise.
RSI is very low indicating a good buying opportunity.
Qtum buy opportunityQtum seems to be finding support, would be a possible reversal of the trend
stop loss under 0.0011
QTUM New Low: Go Big or Go HomeBITTREX:QTUMBTC has reached a a new low and is a good position to make some upwards moves as it appears to be completing the 5th wave of the downward trend and is a good position for reversal. This is a good point for entry in a long term trade and considering the strength of the QTUM project, this should be an easy long term hold with 25%+ gains
Entry: <12300-12500
QTUM LongQtum coming to end of a huge decending wedge.
Bithum and Bitfinex support means a lot of money could come rushing into this coin if it starts to make a move.
The development team is passionate and active.
Open long here and wait for it to rise.
QTUM TargetProjected target for QTUM, Dates Dec.2 - Dec.15
Buy now at 0.0011
Sell at or above 0.0016
Margin 31.2%
*My calculations are based on previous successful trades, while my dates are also assumptions I am confident my suggestions will hit there targets
20-30% play on QTuMBTCQTUMBTC way below bollinger/keltner channels and RSI has shown oversold for 3-4 days. concern is accumulation is not steady. so not sure about long term. HOWEVER looking at past dips below the chanels, it has bounced to 20-30%+ after 3-7 days. This would be a scalp play until we really find a bottom. QTUMETH also was recommended 2 days ago on hacked.com with similar profit targets. hacked.com No upcoming news except the apparent satellite launch Q2 2018
QTUM long - RSI price divergence on 4 hrRSI price divergence on the 4 hour, MACD trending up. Wave trend oscillator has turned up and left the green zone which has been a very successful indicator in the past.
UPDATE: QTUM, Buying Up the New Low...BITTREX:QTUMBTC Has made yet another new low but volume is picking up as price is gearing up for a recover bounce. Anytime price continues to create new lows in a market like crypto, I scoop 'em up. For the moment however, I am switching this trade from a long term to short/midterm trade.
#cryptocurrency $QTUM.X good for a bounce hereGreat risk/reward here (4-10:1), declining volume, bounce soon likely. Bithumb leading possibly.
Double Bottom Reverse for QTUMBITTREX:QTUMBTC has formed a double bottom reverse, creating a good chance for reversal after hitting all time low.
Qtum forming a complex H&SQtum ratio is forming a complex H&S while getting close to the downtrend line. Volume has been up lately and we could see the price breaking upwards. Pending orders must be placed right above the H&S neckline. PT would be the depth of the head (head low to neckline) added to the breakout price which will be about 0.0025 BTC. Of course this all depends how the entire crypto market acts in the following days.
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