QTUMBTC trade ideas
Pacience time for QTUM/BTC Hello traders,
If you dont entered yet in QTUM, now is the time to do NOTHING! Pacience is the key for every sucessefull Trader in the market! The price is now testing an important Resistance level that appears to be broken, but we dont know yet, we must wait for today Candle close at UTC time and see if closes bellow or above the Resistance, if close above a long enter is a good choice and our target is the next Important Resistance level.
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QTUM 150% PotentialQtum had the highest volume with wave 1
We might have a short bull market cycle in QTUM that will last until end of July 2020 With a max of 150% gain potential with completed 5 waves .
This might also be a ABC Corrective wave in a bear market where wave 3 will be the end of Wave B and the B wave can hit before end of January 2020 this is also a 100% gain opportunity
Either way this seems to be a good long
Good luck and this is not trading advice
Today`s ALT!!! QTUMBTCBINANCE:QTUMBTC
Exchange : Binance
Coin: QTUMBTC
Buy Zone: 0.00024~0.00023
Target Point: 0.000313/ 0.0000032/ 0.0000033/ 0.0000034/ 0.0000035/ 0.0000036
S/L: 0.000225
Risk: HIGH
Term: Long
You should be careful in buying QTUMBTC because of Bitcoin
It broke Inverse H/S, but it didn`t break prefectly because of Bitcoin
In spite of dumping, there weren`t have much of selling amount
We can expect to support at Blue Line
It`s time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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Potential breakout to next resistance level (about 20% gain)Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. I am currently simply trying to get in the game, learn and only bet very tiny amounts (10$ per trade). I am not a day trader, I'm looking for opportunities on longer time frames ( daily charts ). I also use only very simple indicators like moving averages.
What I see on the chart:
A beautiful cup and handle has formed as we seemingly bottomed around 1800 satoshis and formed a support around 2300 satoshis.
There's also a triple bottom near the support level. The 3rd one of which sent QTUM up 50% in the course of 3 days. It however got rejected from the resistance level between 2500 and 2700 satoshis.
At this point it formed a nice short term support, forming the cup's handle. I would expect QTUM to break through the current resistance and test the 3100 satoshi waters within the next few days. This would most likely send the price crossing the 200 daily MA, so expect some resistance to happen as we move higher.
Entry: now around the 2500 satoshi mark with a stop-loss: around 2200 satoshis. Or you can also wait to see if QTUM confirms its move by closing above the resistance level or wait to see if it retests and bounces off the short time support and enter around the 2300 satoshi mark.