QTUM Channeling towards new lows?LOG SCALE
1) Bouncing nicely off 0.618 which could act as a start ramp for the next upmove.
2) Making a new low < $2.35 would trigger next leg down towards perfect buy zone $1.08 - $1.60 (0.786 / 1.886+0.886 confluence)
Whats next?
Since there hasnt been capitulative volume yet, suppose another leg down would be in favor unless breaking the channel to the upside.
Hold my beer pls
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No financial advice, do your own research, don't be stupid
QTUMUSDT trade ideas
QTUMUSDT - Short by Supertrend, Pivot & ADX 8/21/20221. HIGH/LOW PIVOT:
- Pivot Left: 10 | Pivot Right: 10
Short trend identification:
- Lower Low occurs after Lower High.
2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
3. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
4. OPEN POSITION RULE:
- SELL/SHORT: reject to Supertrend at current timeframe.
QTUMUSDT Analysis (Local Vision)Hello friends.
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Everything on the chart.
Entry: market and lower
Target zone: 5.5 - 6
after first target reached move ur stop to breakeven
Stop: ~3.6 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4.5
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
QTUM USDT BULLISH! LOOKING FOR $3.5 AREA FOR LONGHi folks welcome back!
Very good weather here, Sunday in my Country, Indonesia.
We make Money from some money, and now i have cashed around 50% my long, and looking for build another long position in my area!
Im looking for buy/ long QTUM in 3.5$ AREA, and I believed and Im targeting 8$ area!
Goodluck folks
QTUM, stop falling and rebound.The following content is machine translation:
On the daily chart, the previous ascribed a breakthrough of 5 and fell back, falling back to around 3.85 to stop falling and rebound, and it is expected to rise in 3 waves.
The fast and slow line of the indicator macd runs above the zero axis, and the energy column begins to shrink below the zero axis. The RSI indicator is running above the neutral 50 and the trend is starting to rise.
Summary: It is expected that the third wave will start to rise in form, the indicator will gradually recover and end, and the callback will turn more, bullish, target 5+
QTUMHELLO GUYS THIS MY IDEA 💡ABOUT QTUM Usdt is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
#QTUM/USDT - Long - Potential 39.58%#QTUM/USDT - Long - Potential 39.58%
Exchanges: Bittrex, Huobi.pro, Binance
Signal Type: Regular (Long)
Entry Targets:
1) 4.380 - 100.0%
Take-Profit Targets:
1) 4.699 - 33.333%
2) 5.310 - 33.333%
3) 6.189 - 33.333%
Stop Targets:
1) 3.565 - 100.0%
Entry Trigger; Binance announced overnight that they are supporting the QTUM network upgrade & hardfork.
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
QTUM, breaking the resistance.The following content is machine translation:
In the 4-hour chart, this slump was supported near 2.4, stopped falling and rebounded, and was blocked twice near 3. At present, after breaking through 3, it rebounded near 3, and it is bullish.
The RSI indicator is running steadily above the neutral 50, in the bullish range, and continues to be bullish.
In terms of operation, the pattern breaks through the resistance and steps back and rebounds, and it is expected to continue to rise. Stop loss at 2.95 near 3 and see near 3.6.
QTUMUSDT (Daily) Bearish BreakoutHi Traders
QTUMUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 3.09 support level. Only the upward break of 4.62 would cancel the bearish scenario.
Trade details
Entry: 3.09
Stop loss: 4.62
Take profit 1: 2.19
Take profit 2: 1.22
Score: 7
Strategy: Bearish Breakout
#QTUMUSDT 4H Chart
Price is currently ranging in a symmetrical triangle respecting both support and resistance. MACD is not clear, RSI and EMAs are neutral. We should wait for the breakout in order to determine further movements and price will either reach the 1h demand at $3.55 or the 2h supply at $4.37.