CharterX

QTUMUSD 2019 Analysis

Long
CharterX Updated   
KRAKEN:QTUMUSD   Qtum
Hello guys,

This is a very special analysis i have been working on since March, was the first analysis i started after coming out from rehab lol!! And since i still had some coins before i left then i decided to give it a special treatment lol... let´s say it brought my emotions to the top lol! Besides i have made good profits from it and i believe it´s a good opportunity to invest in, since it moves a lot with #btc pair. ill show you what i mean in a little bit.

Ok, enought of the bullsh** and lets get to the point. At this point be careful with the Head and Shoulder Pattern that is going on. I could go up a little bit more but i believe is going to go down in the next days. Besides, if you are smar people like me which i know you are... Always that you trade with an #altcoin, take deep look on it's pair with btc. Btc have used this one (besides another ones) to get to the point where it is right now. They have elevate the price and then suck it to finance btc. ( Like ADA, Like ATOM, Like XTZ, and probably the stronger, my dear LTC).

You can verify what i say because ther have been a lot of flash downtrend or uptrend. Something intresting that i've notice is that everitim there is a flash one to the bottom, the price goes up, and the inverse when there have been a flash trend to the upper.

In My Case, i have been using a special trade technique, WOLF BOT style i call it lol cause i've been hunting those flashes. How? Easy. 150 or more automatic buy orders from top to bottom. From smaller buys at the top to bigger buys at the bottom using fibonacci sequences every X prices :P jajaj crazy hu? Anyway, ill try to share a screen so you can understand me. A little Present for you guys who love to trade like me! Be aware of these technique cause if you miss calculate where are the stronger supports you could get in troubles if you dont have more money as backup (always invest just a portion of your total, dont be crazy trying to go all in has i did in my beginings cause you are going to lose lot of money)

One more thing. Take in mind that every time btc goes down, affect allcoins, so be prepare to really bottoms over here, check buying volumes in your platforms (i use kraken) and see what i mean, they are moving even at 70 cents.

OK, so here are the fere images, ill try to keep updated, and as usual, please leave a comment if you wish or if you want to enlight me with ideas, ill appreciate every piece of wisdom that you would like to share with me.

Saying that.. Peace out and have fun!

Note: This are my personal interpretations and case studies, and are not financial advice! Use it as your own risk!

Don't Forget to check my Instagram where i upload more often ;)

www.instagram.com/charter_x_/

Charter X
Comment:
As usual, this are the indicators i use, enjoy them! :)







Charter X
Comment:
And this is the technique i mentioned. Just wanted to share with you. Hope it could give you some ideas and be helpful. Peace!

www.dropbox.com...2019-16-8-4.png?dl=0
Comment:
Oh yeah, one more thing, You probably gonna love this, this is the BTC Pair. Chuvashov Fork completed. It's probably about to start some crazy opportunity to trade.

Comment:
Hey there,

Some crazy vision that i wanted to share with you guys. I've been trying to find out what's going on right now, cause i could not find a #fibonacci Sequence that correspond to this uptrend, but suddenly, just woke up at 5 am and eureka! lol.

Remember, this is just an idea, a really crazy one but if i'm right, would be massive.

I'm sharing the overall chart with new adjustments as you can see using Cypher Pattern. So it appears that the expanding still going on. There's gonna be a downtrend to something between 2.60 to 2.8 I'ts gonna last a few days and if the cycle it's right, hold your pants cause the uptrend it's gonna last a lot and it's gonna go real high.

Check this out


So, if we check the fibonacci from last fractal to the one that it's been taking place right now (if i'm not wrong of course), we are only at the 38.20% of the fractal! Do you get what im trying to say over here? Do the math cause that could be huge... im talking about taking the price up to 6 dollars!

So this is it by now, it's not bad to dream on something lol you know, so ill keep you updated and let's see what's next.

Careful with the Head & Shoulder but after that, could be a good time to just let the whales swing and us (the mortals) next to them.

Have fun!

Charter X
Comment:
Hello there,

Here's the update to #qtumusd :) oh happy day! lol Since things change of course on friday here is the new chart at 1D time frame! Mr. Fibonacci is doing one of its own lol.


Right now its gonna begging the correction but well things appear to be in place, next train its around 7 dollars. i would not be surprise if later on the price goes till 11-12, but one thing at a time.

Here are the indicators with drawings i made so far so i hope it helps you out somehow. We are at the top of all channels so time to hunt on the downtrends with extreme caution. Be careful cause now on all the falls could do some damage.





So that's all for now people, there's still so much more to happen this year but so far so good.

Have a nice trading day and have fun!

ill keep in touch!

Charter X
Comment:
Hello again,

Just an update on Daily Chart so you can have a better understanding of what it's going on and where could things go from now on.


Just an advice, it would be good to star looking charts on high time frames from now on, i mean, from 1/2/3/5 days to a week. thinks look clearly now.

Hope it helps you out!

Cheers.

Charter X
Comment:
Hey there, just updated the graphics, you may see a lot of colorful lines but each color describes a channel, in this case each phase of the parabolic pattern, or at least of the expanding fractals. Its for personal study on how they work or how the whales :P are making it work.


Just wanted to share. Cheers!

Charter X
Comment:
Hey there again!

It's been a while since i posted or updated on this one. It's not that i have not been drawing, on the contrary, i have been doing it a lot lol ! jaja but with a lot of charts.

So, the fractal is the same as the older one, you may see it on the next image.
I thought it would keep going up but i miss understood the fractal, so this is the corrected one!


Some times happens that. The expantion goes real huge and things start to get a little bit confusing, so it is good to play with precaution in those escenarios, or you may be in a position where you will have to freeze a bunch of coins. In those cases, i recommend to sell nd just keep the amount you just lost according to price difference. That way you will not have all your money stack in there for who knows how long.

I bought at the top and when i found out it was too late so, nothing to worry about, just put that in accumulation and buy again when the price goes real deep. Buy the same or more ammount of what you had stacked up there. Personally, i prefer to buy using fibonacci system every time the price goes lower. I buy the double, and if it keeps falling then more. Always have automatic buys that way i cand have my money back and when with profits in a faster way.

So, lot of talking. Thats for now. Price will keep falling. these are the indicators in different time frames:



Hope you find this helpful and remember to play with caution. Now it's a delicate time because of what's going on with BTC. You may check my post on that too to have a better understanding on what's going on and how BTC price it's affecting altcoins.

Till next one.

Cheers!

Charter X

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.