Well, 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...
Qutum is an amazing project cause for how it is focused.. They are pointing specifically to certain range of 'customers' so in someway they are building some future basis for crypto revolution and tech evolution.. They have achieve the total compatibility between bitcoin core and ether protocols.. they are making one of the most stables platform for developers who...
Previous setup at golden zone 61.8% but stop out. Now another opportunity which aline with FA news coming out
TA:
- 76..8% holding well if my wave count still hold
- Downtrend channel breakout with ABC correction completed
FA:
-X86 launch event 23 May
TP:
- 61.8% retracement of large wave 2
- previous high structure which lot of resistant
-Conclusion:
As a...
Qtum can go up with support Xabcd Pattern and MACD
Which will push Qtum go up soon
We can big events in this time
We can two zone buy order
(1) 16
(2) 14
Profit
(1) 18
(2) 19.8
(3) 22
(4) 24
(5) 26
Goodluck Everyone
Deep retracements across the board following the straight rip down on BTC rejection from 10k. Some alts have already hit these low retracement targets. This is a big test for them to hold the lows and see continuation. Good for a swing near term if we can hold the pivot.
RSI is oversold, so there is the potential to play the bounce, however it is too risky in my opinion, unless you have to motivation to do so. So as listed in my other QTUM chart, except now "updated" to fix the chart text TYPO...I have been expecting a bullish reaction here at the 61.8% Golden Zone, where YES, we can see we have found nice support...for the time...
So looking at this chart we've broken the descending trend line and now there is some good room for some incline. There is a resistance around 247 sat that can foreshadow continued bull movement if broken.
Looking at the MA we see a patter of peeks around 0.0001 and if we move above that resistance then we can confirm a nice long position back to ATH.
Anything...
The problem with alt-season is that you can't watch all the coins!
Reasons to enter on a re-test of the consolidation zone:
Valid break-out pattern with a clear consolidation zone (squeeze)
Steady accumulation and increase in volume
Smaller time-frame breakout patterns that have hit profit targets
High return on investment (56%) with 8:1 risk/reward...
