Yello Line: BUY ZONE
RED Line: STOPLOSS
White Line :TARGET 123
Welcome to this updated analysis on BTC
Let’s get right to it!
This information is to be used for educational purposes only
Qtum has great potential as it works on smart contracts. It is following the same trend like in previous days. It could go TP1: 15.1 TP2: 16.01. if btc stabilises. Manage your risks accordingly as now market is highly volatile if btc retests it’s support. Not your FINANCIAL ADVISOR.
QTUMBTC gonna bullish Inn Shah Allah
In a Day Frame Its HUGE Strong Bullish Divergence with Bullish Butterfly Support 1.618
If You interested to your BTC Fund 50% in two week you can buy QTUM.
1st TP: 0.0001280
2nd TP 0.0001380
3rd TP 0.0001450
QTUM Hit the 78.6% fib retracement.
Holding strong in this region. Looks like a good support.
RSI is showing bullish signs.
Bitcoin is starting to show weaker volatility which is a good sign for Altcoins.
> QTUM Making Double Bottom Form
> QTUM Making ' W ' Chart Pattern
> QTUM If Day Candle Will Close Above 2600 Then You Can See Positive move very Soon
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
If You Like My Daily Published Ideas
A little Help By Supporting...
-The price is trading on a short term downtrend
-The key areas to be watching is around 2600 sat region
-This is a confluence of previous resistance turned support
-Chances of a strong bounce or building support around that region are high
-But before you enter a position, wait for any bullish reversal signs
-This will help you reduce the risk and add...
QTUM is ready for another ride !
After breakout and confirmation, we can see QTUM gain over 100-200%.
Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from...
Buyers seem to be appetizing despite the selling pressure. The cup handle formation seems to be forming on the 4h candle chart in 3-month . If the handle is formed, it will try the 2936 sat. resistance closest to the memories. But first of all it has to break the 2588 ~ 2662 range.
This is my personal work. it is not investment advice. I wish to everyone luck.
Most altcoins are painting the same potential bullish pattern during this downward action these past days.
Some of them are few percentages away from double bottom retest and could spark a strong reversal in the coming weeks or months.
QTUM is one of them to challenge its swing low at 1700 sats. If QTUM can hold this level until the market settles...
If you dont entered yet in QTUM, now is the time to do NOTHING! Pacience is the key for every sucessefull Trader in the market! The price is now testing an important Resistance level that appears to be broken, but we dont know yet, we must wait for today Candle close at UTC time and see if closes bellow or above the Resistance, if close above a...