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
----
No financial advice, do your own research, don't be stupid
Qtum
QTUM/USDT - 27.08.22 Market UpdateHello Traders!
QTUM continues to drop. The price has tested the resistance level of $5.00, where it met the seller's reaction.
Based on the analysis of senior timeframes, we can assume one more wave of decline. We can expect the culmination of the downward movement near the support level of $1.60.
It is possible to consider medium-term purchases in the $1.60-1.96.
The targets will be the levels of 5.00 and 7.32
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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
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 Likely To Grow By 39% NextQTUMBTC is bouncing off the 0.382 Fib. retracement level relative to the bullish move that started 13-June, this is a positive development.
Retraces on impulses can normally end at the 0.618, 0.5 or 0.382 fib. levels.
If the market is weak, we can see the retrace reach as far down as 0.786 fib.
If the market is set to grow strong, then the retrace can be short.
We are seeing a nice bounce right after the first important fib. retracement level was hit.
After confirmation (when the daily candle closes above EMA10/0.0001405), we can expect a higher high to hit around 0.0001983.
(That's a jump of about 39%)
More targets/resistance levels and details on the chart.
Namaste.
QTUM Scalp short - coin is weaker than the marketReasons to take short
⭐️ BTC looks bearish
⭐️ Trend bearish
⭐️ 3rd touch
⭐️ Squeezing the trendline
⭐️ Pullbacks are weak
⭐️ 25 ATR
⭐️ Under VWAP
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
butterfly scenariobutterfly harmonic pattern:
AB=0.78 XA
BC=0.88 AB=$1.13
0.23 XA=$2.22
0.38 BC=$3.98
0.38 XA=$4.47
0.61 BC=$8.76
0.61 XA=$13.87
0.78 BC=$15.35
0.88 BC=$21.44
0.78 XA=$31
0.88 XA=$50.2
1.41 BC=$123
1.31 XA=$161.8
1.6 BC=$246.8
1.27 XA=$320
1.41 XA=$620
2 BC=$883
1.6 BC=$1682
2.24 XA=$1968
QTUM can Become Bullish Pretty Easily!(Info+ targets)QTUM is in a Falling Wedge Pattern. This means The Bulls Have Higher Chance To Claim The Trend Than Bears! No Break out Has Happened yet and we shall wait for a Break out But It should Happen Pretty Soon Because there is also a Regular Bullish Divergence On MACD as well! So The Bullish Chance for Quantum Is Pretty High and we Shall see a Bullish Movement Up to 7$ Pretty Quick! The Support is at 5.5$ and Big Resistance is around 8$.
-QTUM is in a Falling wedge Pattern
-No Break out
-(+RD) on MACD
-Support at 5.5$
-Resistance 8$
-Target for now:7$!
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Thank you for seeing idea .
Have a nice day and Good luck
Quantum (QTUM) Buy ZoneQuantum (QTUM) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Risk : Medium
On the 4 hours timeframe, Quantum has retested lower parallel channels and the the price is also mid-term support zone.
--------------------
$QTUM/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 6.15 - 5.97
TP 1 : 6.346
TP 2 : 6.525
TP 3 : 6.59
TP 4 : 6.91
TP 5 : 7.15
TP 6 : 7.31
TP 7 : 7.65
TP 8 : 8.075
Stop Loss : 5.75
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
💡Don't miss the great buy opportunity in QTUMUSD @qtumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.430).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 7.366
TP2= @ 7.990
TP3= @ 8.511
TP4= @ 9.742
TP5= @ 10.575
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in QTUMUSD @qtumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.430).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 7.366
TP2= @ 7.990
TP3= @ 8.511
TP4= @ 9.742
TP5= @ 10.575
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Crab Pattern Suggest a Bullish Movement For QTUM!🌳QTUM was in an Ascending Triangle.This means the Price Can Increase as Much as the Measured Price Movement(AB=CD). SInce The Break out Has Happened,The Price can Increase Further without any problems. also if we Put Crab Harmonic Pattern on the Chart, We can See That The Price is Capable to reach around 12$ Pretty Easily.
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Thank you for seeing idea .
Have a nice day and Good luck