QTUMUSD TradingView Calculation QTUM is hammering a large bullish flag formation. A break of the upper dynamic followed by a break and hold above 49 should trigger further strength back to the highs at 73-75. Look to buy the breakout on next dip back to 48. 2 strikes on the lower line of the flag means this is still 'hot' but it must now break 49 to stay that way.
It has finsihed 5 EW downward. I assume that ABC retracement started from the dip. To be on the safe side, you can wait for long term resistance breakout and confirm that with oscillators and a green candle. After the end of wave C, the next targets will be .0043BTC .0046BTC and .0049 BTC.
A bullish pennant is formed once again, similar to the one a few days ago that brought us to $70. Bollinger Band squeeze indicates that it's consolidating and we're looking for a breakout sooner or later. Buyers and sellers respecting the bottom trend line is a very bullish sign as now we have support at around $62 level.
BUY QTUMUSD IF it closes above $32.25 on the Hourly Chart! QTUMUSD crossed above the most recent swing high at $21.75 and is consolidating in a nice tight range. A breakout above the $32.25 will trigger another buy, with a fib level target of $65! Momentum is positive and the price action encouraging. Target $65 and Stop Loss $24.70! Aiming for an approx....
Entry would have been at the $33 level and QTUMUSD is now trading around $49! Trail stops to the 8 Exponential Moving Average on the Daily chart, on a closing basis. We are doing this to protect profits and ensure that we will have a great return (Just under 50%) in less than 11 hours! Happy Trading Lindosskier
After this sharp uptrend, QTUM seems to be consolidating, forming a well-shaped bullish pennant. If it breaks out and candles close at around $33, this will confirm the continuation of the uptrend we've seen so far, looking very possible with such sharp volume today.
Interestingly, after an intense rally up to $31 last night, BITTREX:QTUMUSD seems to be consolidating pretty well. It's always hovering above $27 USD which serves as a support level at this point. Here, we can see that a pennant is forming hence the spike in price when it broke out but dropped back inside due to low volume. It's going to be interesting to see...
QTUMUSD interesting coin. The price was in range for longterm, more than 2 months. lol, Month period is longterm in Crypto Currencies Now the price has broken the resistance. Can it sustain? I am holding QTUM from the bottom, I would hold for the all time high of $19-20.
After a double-bottom bounce at $9.78 one week ago, QTUM is currently on a week-long bull run, reaching prices as high as $19.78, which is well within striking distance of the all-time-high. Large upper wicks of profit taking could indicate antsy token holders –those who bought near the all-time-high, have been disappointed by the price action, and are looking...
BITTREX:QTUMBTC 2.80% has been in a downtrend for quite some time but is primed for a trend reversal. On the larger timeframe, it becomes clear that the downtrend is becoming weaker and QTUM may have completed the last impulse wave in the trend. That combined with the moving average congestion and Bollinger Band compression would seem to suggest a strong move is...
Chart speaks for itself! Stop loss @13.00 usd
Buy on breakout of top of wedge, and rebuy if price tests top of wedge as support. Will update once I see movement.
This trade is long term trade. Ascending triangle is about to break upward. One sell target is set. Rumors: QTUM will be added to new exchanges any time soon! // Constructive feedback and comments are welcome! I'll keep updating!