Mother currency bitcoin weekly time frame RSI almost 96! in 4 h create strong bearish divergence, so BTC will correction. & Alt also, QTUM create weekly head & shoulder.
QTUM is looking very good ...from so many days its in strong accumulation zone . also gave very niece rectangle breakout.
Watchout the Qtum chart !!! I think it will give an upward confirmation and breakout. Just look at the Volume ;) If breakout is approved, you can enter as setup, it can touch $ 3 to $ 5 in the long term.
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Everything is clear in the picture ... You friends must be patient and make smart purchases ... Good friends ... ✌✌ Please like and comment ♥️✏
QTUMUSDT is printing the inverse head and shoulders reversal pattern on the weekly timeframe. RSI is printing a bullish divergence signal. Bullish ⬆️ - breakout above the inverse head and shoulders neckline resistance. Target 🎯 - resistance levels.
QTUM looks very bullish after a long time accumulation
I have been monitoring the price movement of this chart for about a week First, it broke the falling wedge pattern in the lower timeframes This led to the breaking of the triangle pattern which restricted price movements for four months then it pulled back and placed on the support area There are many support levels in this area The price is right above sma50,...
ascending triangle formation in qtum usdt ....lets see whats happens ...expecting a good return as it is having neutron releasing on 31 december ....a big news for the qtum
Potential continuation patterns (USDT Pairs): ICON, Celer Network, Qtum, Zcash, We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment...
QTUMUSDT is printing a descending triangle pattern. Price is testing the pattern support. Possible price actions are indicated on the chart.
Short in short term long at 1.555 for long term according to fib retracement