QTUM gold mineGreetings,
QTUM has been trading since 2017, on many top exchanges, you can trade both long and short. It was once in the Chinese ranking of the most promising projects. But personally I don't pay attention to the fundamental news at all, I only look at the chart.
Let's look at the weekly chart first, the price has decreased by 99% from the highs. For those who like to hold altcoins, a telling example, what it can lead your deposit to. I suggest to understand what has been happening over the last couple of years with this cryptocurrency.
The main trend of the instrument was descending, after the breakdown of the trendline in February 19, we can say that a sideways movement started and a horizontal channel was formed, with the price step about 60%. And we can see several attempts to break this channel.
At the moment there is another attempt to break through this channel, and the down-trend line. A break-up and confirmation of 4.3 would be a signal that the sideways trend is over and the bulls are here. Breakdown and confirmation of the lower boundary of the channel will be a signal to sell.
Let's go to the daily chart.
The price at the moment is at the resistance of the descending trend, and at the horizontal resistance zone of 3.5-4.3 from the weekly chart. The horizontal volumes also show that this is the boundary of the major volumes, over the last 2 years. On the weekly chart, the main horizontal volumes were in the range of 9-14$.
On the four hour chart you can see that the price has broken through the symmetrical triangle, and confirmed the support. I gave an entry point for this trade from the minimum values. After the triangle breakdown price made about 60%.
On the weekly chart to bitcoin, there is now a pullback after the breakdown of the trendline.
What are the conclusions and prospects.
For me this trading instrument is interesting and has good volatility, I think trading is clear to those who have at least some minimal experience. They don't have any advantages for beginners.
Always use a stop loss, and do not use a leverage higher than x3.
A trader should always have tomorrow.
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QTUMBTC
QTUM is ready for moon mission....Hello and hope you doing well, i wish you will make good gain on your portfolio.
Alright let's talk about QTUM/USDT, seems it gonna break this triangle soon and will pump hard. You can add some in your Future or Spot bag. Price is currently at good support zone and we can expect price towards target as soon as BTC start showing it's strength.
Do like and follow for more :)
QTUM Long-Term Targets Mapped (680%+)This is a quick chart by request sharing the long-term targets for QTUMBTC.
We can see this price moving weekly above EMA50, which is a very strong bullish signal.
A close above this level and we see long-term growth.
Here I am mapping for you over 680%, but there is room for much more.
This is not financial advice.
Namaste.
QTUMSince this past crash we all experienced last night, the only coin that seems to be recovering and bouncing up better than any other coin is QTUM.
It's trying to break a resistance right now. if it does, I've pointed out 2 TP areas for you guys to set up your positions.
So far it has moved up about 10%, and I think it has the potential to do more.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
QTUM/USD: Price Labels, Market Cap. Examples, & Explanations. Hello Traders,
Here's a project I' am very bullish on ATM. I've been DCA-ing my orders in over the last 24 hours during this small pullback we've been experiencing.
This project still sits under a $1 Bil. market value.
There is plenty of room for growth and serious room for a strong uptrend.
The ATH for the is project reached just over $82 after it first launched.
We currently have an inverted Head & Shoulders pattern on the daily.
Fundamentally, we have a new partnership release and testnet with the Janus Beta happening next week on March 31st. The new version fork will be happening in April. The mainnet Janus Release will be happening in June and finally, the halving will be happening in September.
As you can see, there are a lot of reasons for QTUM to experience volume growth and a continued uptrend leading to at least the first two targets. Currently, QTUM sits at #16 for smart contracts based on its market cap. If it were to hit the second target of a market cap of $1.95 Billion, it would be sitting just above ETC, FTM, and right below NEO. Seeing that neither ETC or FTM have any new updates or news coming out over the next couple of months, this should be fairly possible for QTUM to pass by. Time will tell, but patience always does.
You can check out some of the new releases coming out for QTUM here: coinmarketcal.com
If you enjoy some of these deeper dive posts, give it a like and I will start making this a more consistent effort.
Good luck and thank you!
[270%] (LONG) QTUM / USDTQtum (QTUM) is a Proof-of-Stake (PoS) smart contract blockchain platform and value transfer protocol. In PoS, node operators are rewarded for validating transactions. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution.
QTUMUSD - Falling wedge + Channel +1000% OPPORTUNITY!- I can see test of the ATH level (83USD) in the near future.
- On the weekly chart we can spot a falling wedge + channel.
- What I expect is a destruction of the parallel channel to the upside.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- ALL TIME HIGH on BITTREX 83.34 USD - RESISTANCE.
- Profit Target - ATH + 1.618 fib extension (around 80 USD).
- This trade provides about 1000% gain opportunity!
- Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
💡 Don't miss the great buy opportunity in QTUM/BTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00012). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. QTUM/BTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000165
TP2= @ 0.000211
TP3= @ 0.000256
TP4= @ 0.000303
TP5= @ 0.000360
TP6= @ 0.000450
SL= Break below S2
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💡 Don't miss the great buy opportunity in QTUM/BTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00012). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. QTUM/BTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000165
TP2= @ 0.000211
TP3= @ 0.000256
TP4= @ 0.000303
TP5= @ 0.000360
TP6= @ 0.000450
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️