QTUMUSDT - 4HQTUM in a big falling wedge. If we can break resistance i expect a nice reaction!
For every new follower i will add a new idea :)
QTUMUSDT trade ideas
QTUM/USDT short reviewHi everyone!
Let’s observe another crypto pair QTUM/USDT. Daily timeframe shows us a very powerful price level proved by numerous touches and false breaks formed in April and in the beginning of May.
At this time price locates near this price level. At this time the price locates near this price level.
If today’s bar closes above this price level, it will be safe to say that price is going to reach new max price point. Otherwise price will go down to the previous lowest point.
qtumUSDTWhat Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
we can see a cup and handle pattern in qtum chart and the target for that can be 44$
QTUMUSDT Falling Wedge Bullish BreakoutQTUMUSDT Falling Wedge Bullish Breakout
We have seen that QTUMUSDT has created ATH at level 35.66 and then came the correction phase. In the correction process, QTUMUSDT has created a falling wedge pattern and now being broken.
We may have a very profitable trade if the setup is validated.
NOTE: DO YOUR OWN ANALYSIS, DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
QTUMUSDT (4h chart)QTUMUSDT (4H CHART) Technical Analysis Update
QTUM/USDT currently trading at $25.65
Buy-level: $24.45 - $25.60
Stop loss: Below $21.35
Target 1: $28.15
Target 2: $30.60
Target 3: $32.30
Target 4: $35.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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QTUMUSDTIF ANY BODY NEED TO SUPPORT ME CAN SEND FOR ME USDT(TRC20) TO THIS ADDREES : TZ91LUu7kYyGR6271GjKByovrz2hpvmF6M
QTUMUSDT TARGETING 50 RANGEQTUMUSDT JUST TAPPED THE 99 MA AND CURRENTLY SITS ON SUPPORT WITH A COMFORTABLE RSI I EXPECT IT TO BLAST OFF TO 42 MAKING 50 POSSIBLE
QTUM BREAKOUT MOMENTUMQTUM entered a symmetrical triangle pattern after several days of correction. From this pattern, it can be seen that a breakout momentum will begin in the near future. Entering the current price, TP1 is in the $40 price range
QTUMUSDT bullish setupQTUM is very near to descending triangle breakout, also EMAs crossover has occurred. It depends on your trading style, if you are aggressive trader then you can enter or wait for the retest if you are passive trader. You can also divide your entries and can buy in parts. Possible price action, stop loss, and targets are mentioned in the chart. Good luck and happy trading!
Disclaimer: Not a financial advise. This is only for educational purposes. Kindly Like and follow if you agree with the idea.
QTUMUSDT - 1 HOUR QTUM in a big triangle formation! Soon we will know which direction we break.
For every new follower i will add a new idea :)
QTUM BullishPost first resistance(20.81)longs should target 24-25 zone which is second resistance. Post 24-25 zone fresh long can be initiated.
