Qtum
Qtum (QTUM) Long Term Opportunity (100%+ Profits Potential)Qtum (QTUM). We are still waiting for the market to turn. All altcoins are dependent on the King, Bitcoin, so Qtum is no exception.
Yet, some altcoins can go up and have their own moment, but the overall market condition will determine the general picture for all altcoins. Qtum is breaking out now, and several signals from my charts and indicators suggest that it might go on a run shortly. Let's take a look at these signals and see what's up with Qtum.
Qtum (QTUM) Long Term Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
Qtum is a very strong altcoin, one of the strongest by marketcap, and it can definitely be held long term which makes it a great choice for us. Let's start by looking at the long term chart. I am using Bittrex on Trading View since it has more data than Binance.
First, the long term chart (daily time frame - 24 hours per candle):
- The black dotted lines are support levels. Blue line is Qtum's last peak (aiming for this last peak gives us almost a 100% profits potential). Red lines are trend lines.
- Let's start with the RSI (second indicator - middle). Notice that each time the RSI hits the oversold line, marked by a red dotted line plus green circles, Qtum goes up strong. We just hit this same oversold line and the price is bouncing up.
- Notice the bullish divergence on the MACD (first indicator from top to bottom), marked by a thin green arrow. You can click on the chart to make it bigger.
- The STOCH is also trending bullish, curving all the way up and showing plenty of room left for growth.
Let's take a closer look for our own learning and entertainment:
TRADE INSTRUCTIONS
Buy in: Up to 0.00147
Qtum Targets by Alan Masters:
(1) 0.00171
(2) 0.00191
(3) 0.00211
(4) 0.00241
(6) 0.00271
Longer term targets
(1) 0.00342
(2) 0.00402
(3) 0.00482
(4) 0.00572
Next support:
(1) 0.00125
(2) 0.00098
(3) 0.00060
Capital allocation: 7%
Time: Up to 8 weeks.
UPCOMING EVENT
-> 01 July 2018 - Chainers 2018.
Blockchain conference in Seoul, South Korea, on July 1st and 2nd.
MORNING: TIME TO WAKE UP
The time has come, duty calls.
It is time to move, resting we are done.
It is easy to get up, it is easy to do my work.
It is pleasant to be alive, the time to move around has come.
Here comes the morning... It is time to wake up!
Namaste.
qtum ready to movehd pattern with falling wedge & bullish div on macd-mom-rsi-stoch
this can give us good chance to get a high profit.
A good pick to outperform BTCQTUM seems to be in a good position to perform to the upside short term. If we do see BTC go to 6550 before going down, I think QTUM will probably jump around the .0017 area and then will establish a higher low while BTC will establish a lower low.
We need to see confirmation with BTC, obviously this market is not in a friendly trade environement but there is opportunities.
Qtum – 450% possible EarningsHi Guys!
here is another intersting idea. So exited to share all those ideas with you.
Qtum (Quantum) is a project coming out of China that aims to make decentralised blockchain technology easy to deploy for enterprises. It provides a complete blockchain stack and is able to execute smart contracts and decentralised applications like the Ethereum blockchain.
They use Proof-of-Stake algorithm. It is backed by some highly prominent members of the blockchain community such as Anthony Di Iorio, Xu Star, Bo Shen, David Lee, Jehan Chu and Roger Ver.
Their team coinsist of 30 people mainly IT engineers. They are also backed by the 12 backers and advisors.
They managed to gather decent community – nearly 170K Twitter followers and and 14,5K Reddit followers.
Source code repository activity is ranked by Coingecko at 84%
They have a 7365 global nodes which nearly 5000 are located in China.
Qtum conducted its crowdsale in March 2017 where 51 million Qtum tokens were sold in 117 hours raising 11,156 BTC and 77,081 ETH (~US$15.6 million)
Technical Analysis details
We are very low at Fibonacci scale
Chart crossed SMA50 – very good
VWMA20 crossed MA20 – even better
MACD – bull’s cross and positive divergence
Weis wave – no supply and lot’s of demand - price rise
Gann Fan – much over ½ level
Fibonacci levels:
Target 1: 0.00225722
Target 2: 0.00287490
Target 3: 0.00337417
Target 4: 0.00387334
Target 5: 0.00458410
Target 6: 0.00548947 (ATH)
Stop-loss: 0.00128878
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WBM Team
Qtum Bottom in? June 2018So I was looking over charts today and came across QTUM. Looking at the over all thing it looks like the bottom is in. I think I will be playing this on Bitfinex. See on there you can hold BTC & USD and you can hold alts too. Now with the alts you hold you can put them in your margin account and use that USD value to play some coins on margin. I think holding QTUM and using it as my USD I have a chance to make extra interest if that makes sense. Then sell this for either $ or BTC in a few weeks when hopefully it has risen by 40% or so.
Everything looks good I think getting in here is getting in at the bottom. Worst case is I lose 10% which can happen in an hour when holding BTC.
Idea view on 1hr timeframe.
Zoomed Out
Vs BTC
Qtum looking for a bounceQTUM has been under pressure as well.
The downward trend line connecting lower highs has been broken as the price closed below it. The RSI is also near the highs currently which points out to lower trading prices in the near future. As far as the Fibonacci retracement levels are concerned, the coin broke the key 61.8% level and for some time now trades below it. The next level of support is 78.6% which coincides with the horizontal level of support - 0.0012300. However, before we can think about making a move towards that level, a previous swing higher started from the 0.001500 level after creating a short-term bottom. Hence, we expect the price to hit this level first and bounce given its importance. Hence, a swing trades can be placed based on these levels:
Entry: 0.001500
SL: 0.001450
TP: 0.001600
We are looking for a re-test of the downward trend line that will now act as resistance. The trend line currently sits just above 0.001600.
R:R in this trade is 2:1.
QTUM - At support $10 - New ATH target of $150 (LT trade)Hi all,
QTUM USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.
Assumptions:
- Finalizing correction phase
- Doube bottom formation
- RSI at bottom, compressed in the apex of a falling wedge
- Great R/R ratio
Stop Loss: $8
SL to be readjusted to break even after 1st is achieved and so on.
Target profits:
TP 1 --> $28
TP 2 --> $68
TP 3 --> $155
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai
twitter.com
Quantum huge descending wedge + Triple bottomI have not seen a better alt-coin chart than QTUM's.
This is probably the epitome of the perfect chart to go long.
A huge descending wedge, the bottom of which is supported by the previous high volume nodes forming a triple bottom!
HOWEVER, it looks like Bitcoin is about to go to Goblin town any time soon, and in this kind of market environment, alt coins' individual charts don't mean shiet.
It's a pity..
qtumusddowntrend channel buy zones are Specified.
PLEASE ATTENTION!!! : important notice: this is a test chart And it has no other value dont use it but if you have any ideas about it please tell your comment thank you regards
QTUM can push a little more.QTUM has lost -2.49% in the last 24H and keeps trying to get away from the minimums of the beginning of the week, the price has bounced in S2 and the buyer impulse seems strong to push it a little more upwards to look for R1 close to $ 13.87 .
QTUM going onto Wave 3
Assumption: The day 1 price drop, I'm ignoring that. Qtum doesn't have enough data. Maybe more data there is, the wave counts will change too.
Qtum just finished a Extended Wave 2 flat. Lets see where this goes
QTUM still doing what Bitcoin tells it to doTalk about little brother syndrome. Quantum tests it's historical support when Bitcoin tests it's historical support. If $BTC dips below $7600, $QTUM will dip below $14. If #bitcoin tests support at $6800, #quantum will test it's $12 support zone. I could see 2 more weeks of volume/price decrease thru the first week of June. Even though we're in a great "BUY" target range, be a smart bull in this trap zone.
QTUM: TargetsWell, this is the continuation of the original publication about QTUM so i will not write to much here.
After studying the chart again, an AltShark can be identified inside the Cypher called yesterday.
So for this next QTM move Targets are specified in the Green Boxes.
If you like my ideas, please leave your comment, hit like and share it, i will be very appreciated.
Have a wonderful day!
GoodTrade!
-CJ-