Will Bulls Defend $17 or Fade Into Deeper Pullback? ⚡️
🟩 Daily Timeframe – Macro Structure and Trend Overview
Quantum Computing Inc. (QUBT) has been riding a broad ascending channel since July, making multiple swing highs with consistent liquidity sweeps around $25–$27 before retracing sharply. The recent drop from $24 → $18 marks a continuation of the stock’s oscillating expansion phase — a common pattern in speculative tech plays.
Currently, price is sitting right on a critical midpoint support near $17.7–$18.3, which has acted as a pivot zone multiple times. Holding this area is key to maintaining the bullish midterm structure.
Technicals:
* MACD has flipped bearish with momentum accelerating downward, signaling short-term exhaustion.
* Stoch RSI sits near 9.3, an extreme oversold condition — suggesting potential rebound setup if volume returns.
* The overall structure remains bullish until $13.7 breaks, which is the lower channel base.
If buyers step in early week, the first recovery target sits at $21.5, followed by $25.8, where major resistance converges with the channel top.
🟦 1-Hour Timeframe – Short-Term Channel and Structure Shift
On the 1-hour chart, QUBT has been trending within a clean descending channel, showing alternating CHoCH and BOS events that signal both liquidity grabs and fading momentum.
Key structure details:
* Last CHoCH occurred near $18.6, hinting at a potential reversal but not confirmed yet.
* Price remains capped by the upper descending trendline (~$19.6).
* MACD histogram shows early bullish divergence as selling pressure weakens.
* Stoch RSI rising from 20 zone — watch for crossover above 50 for confirmation.
As long as QUBT holds above $17.8, there’s room for an intraday bounce to $19.5–$20, where short-term supply sits. But if price fails that level and reclaims below $17.1, expect continuation toward $15.8–$16 — the measured channel support.
🟨 15-Minute Timeframe – Micro Liquidity and Momentum Setup
Zooming into the 15-minute chart, QUBT shows compression right at the descending wedge apex, forming a small CHoCH near $18.6, but sellers remain active on every attempt to reclaim the upper trendline.
* BOS around $18.3 suggests localized weakness, but the lower shadows indicate buyers defending near $17.8.
* MACD trending upward with clear momentum divergence (price flat, MACD rising).
* Stoch RSI recovering from 40→60 zone, signaling early upside rotation potential.
If the next 15-minute candle closes above $18.8–$19.0, it confirms the micro breakout, likely pushing QUBT toward $19.6–$20.0 fast. A failed retest, however, could drag price back to $17.7 support for another liquidity sweep.
🎯 Trade Scenarios
Bullish Setup 🟢
* Entry: Above $18.9–$19.1 breakout confirmation.
* Targets: $20 → $21.7 → $23.8.
* Stop-Loss: Below $17.5.
* Confluence: MACD crossover + RSI > 55 + wedge breakout.
Bearish Setup 🔴
* Entry: Breakdown below $17.7–$17.5 or rejection from $19.6.
* Targets: $16 → $13.7.
* Stop-Loss: Above $19.3.
* Confluence: MACD flattening + volume drop on rally attempts.
🧭 Outlook for the Week (Oct 21–25)
QUBT is coiling for a decisive move after multiple rejections from its channel midline. The $17–$18.3 support zone is crucial — defending it could fuel a relief bounce back toward $20+. Losing it may confirm a full retest of the base channel ($13–$14) before another major leg.
Expect volatility spikes early week as quantum-related small caps often move sharply once volume clusters at support. For now, momentum favors cautious accumulation near support, not aggressive chasing.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
🟩 Daily Timeframe – Macro Structure and Trend Overview
Quantum Computing Inc. (QUBT) has been riding a broad ascending channel since July, making multiple swing highs with consistent liquidity sweeps around $25–$27 before retracing sharply. The recent drop from $24 → $18 marks a continuation of the stock’s oscillating expansion phase — a common pattern in speculative tech plays.
Currently, price is sitting right on a critical midpoint support near $17.7–$18.3, which has acted as a pivot zone multiple times. Holding this area is key to maintaining the bullish midterm structure.
Technicals:
* MACD has flipped bearish with momentum accelerating downward, signaling short-term exhaustion.
* Stoch RSI sits near 9.3, an extreme oversold condition — suggesting potential rebound setup if volume returns.
* The overall structure remains bullish until $13.7 breaks, which is the lower channel base.
If buyers step in early week, the first recovery target sits at $21.5, followed by $25.8, where major resistance converges with the channel top.
🟦 1-Hour Timeframe – Short-Term Channel and Structure Shift
On the 1-hour chart, QUBT has been trending within a clean descending channel, showing alternating CHoCH and BOS events that signal both liquidity grabs and fading momentum.
Key structure details:
* Last CHoCH occurred near $18.6, hinting at a potential reversal but not confirmed yet.
* Price remains capped by the upper descending trendline (~$19.6).
* MACD histogram shows early bullish divergence as selling pressure weakens.
* Stoch RSI rising from 20 zone — watch for crossover above 50 for confirmation.
As long as QUBT holds above $17.8, there’s room for an intraday bounce to $19.5–$20, where short-term supply sits. But if price fails that level and reclaims below $17.1, expect continuation toward $15.8–$16 — the measured channel support.
🟨 15-Minute Timeframe – Micro Liquidity and Momentum Setup
Zooming into the 15-minute chart, QUBT shows compression right at the descending wedge apex, forming a small CHoCH near $18.6, but sellers remain active on every attempt to reclaim the upper trendline.
* BOS around $18.3 suggests localized weakness, but the lower shadows indicate buyers defending near $17.8.
* MACD trending upward with clear momentum divergence (price flat, MACD rising).
* Stoch RSI recovering from 40→60 zone, signaling early upside rotation potential.
If the next 15-minute candle closes above $18.8–$19.0, it confirms the micro breakout, likely pushing QUBT toward $19.6–$20.0 fast. A failed retest, however, could drag price back to $17.7 support for another liquidity sweep.
🎯 Trade Scenarios
Bullish Setup 🟢
* Entry: Above $18.9–$19.1 breakout confirmation.
* Targets: $20 → $21.7 → $23.8.
* Stop-Loss: Below $17.5.
* Confluence: MACD crossover + RSI > 55 + wedge breakout.
Bearish Setup 🔴
* Entry: Breakdown below $17.7–$17.5 or rejection from $19.6.
* Targets: $16 → $13.7.
* Stop-Loss: Above $19.3.
* Confluence: MACD flattening + volume drop on rally attempts.
🧭 Outlook for the Week (Oct 21–25)
QUBT is coiling for a decisive move after multiple rejections from its channel midline. The $17–$18.3 support zone is crucial — defending it could fuel a relief bounce back toward $20+. Losing it may confirm a full retest of the base channel ($13–$14) before another major leg.
Expect volatility spikes early week as quantum-related small caps often move sharply once volume clusters at support. For now, momentum favors cautious accumulation near support, not aggressive chasing.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
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.
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.