Quantum resistant ledger (QRL) is an interesting project which for a lot of people is a longterm hold. As the name implies, the developers are foccussing on establishing a fully quantum resistant cryptocurrency. At this point, this might not seem so interesting, because the era of quantum computing is yet to come. But looking a few years down the line, quantum...
QTM jumped last weekend but fell back soon afterwards. Still, it's trading within an upward channel. I would consider this a bullish accumulation phase. In case of breakout, I expect at least the height of the range, roughly $80, as the first target. The crucial test would be $100. That will depend on the overall crypto market, I think.
Quantum was trading in a range. It broke out and has a good potential. It is now testing the upper part of the previous trading range. A few scenarios now are moon or dump. If it closes below the yellow line it could go back to the lower end of the previous trading range. If the upper end of the trading range supports it, then quantum could go to the following...
QTUM has greatly suffered during the past 2 weeks but seems in track to break the 52 USD price even though he doesn't have an increasing volume. The longer trend since mid-december will be crossing the rebound from end-december soon if we follow both trends, which makes it the first target in the days to come. The second beeing the all time high that was reached...
Merry Christmas everyone! Hope you guys are having fun =) Looking forward to Quantum's upcoming projects and collaborations. You notice the diagonal lines of the Gann Fan act as support and resistance. Combining with fib retracement, the price is currently supported at 23.6% retracement. It is a little pricey if we are looking at the current dollar value of...
QTM/USD BUY 1: $45.00 BUY 2: $40.00 TARGET: $70.00
Quantum (QTUM/BTC) is doing a perfect pennant consolidating 300k-370k area. Any point above the upward trendline is an excellent entry one, it will be confirmed above 370k. Min target 600k.
If High Holds, BUY When Price Retraces To $20.50. Close 50% At $33 TARGET And Let The Rest Ride. Symbol: QTUM/USD BUY PRICE: $20.50 TARGET PRICE: $33.00 BITTREX:QTUMUSD
Long term growth rate from ICO catches up with price in about a week or so
Another opportunity, Quantum Resistant Ledger (QRL). Buy-in: 0.00007000 - 0.00009300 Stop-loss: 0.00005989 Forget about the stop loss, this only needs to be looked at, ever, if the coin is crashing down, when we are trending UP, please, focus on PROFITS, focus on the targets. We are here TO MAKE MONEY, not to STOP LOSS. Target: (1) 0.000155 (2) 0.000183 (3)...
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...
Stock RSI looks good for both 1h and 1d. MACD seems to reverse. May test previous support zone
Indicators implying that QTUM has bounced off support and will rise. RSI is very low indicating a good buying opportunity.
Here we see a clean break out of the wedge on a daily chart - no doubt we are headed higher - at least to test the 78.6
It is risky trade probably like most of them. We can see here that the pair tried to breach solid support created by Daily GAPS but failed. This price action is suggesting that the pair should look for more space and move higher as there is not much resistance just before 0.00030000 mark. 10k psychological number, pair played with it for three weeks and...
The profits retracements feels like a interesting entry point. In for the long term, with little partial profit taking in the meantime. My opinion though, only invest what you can afford.
So I wanted to do a nice write up on QTUM and why I like it for long term, but it's late and I'm tired so I'll just do this technical part and then I'll come back with a fresh chart another time. I'll just say that I like the idea behind the tech, which is to combine BTC transaction security with ETH smart contracts. Do note, that I have recently discovered...