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.
An extremely strong resistance level has been conquered with a relatively high trading volume(Neither low nor very high)
So the price is attractive to new traders, and current traders can still buy
My last target is 135%, but it is possible to reach higher levels...
Super clean setup. Qtum had one of the largest capitulations vs BTC. Now reclaimed support, above the Yearly P, retested R3 monthly + Volume Profile PoC and it looks very nice and steady. Old coins have been doing well and their trend is very clear. IOTA, ZEN, NEO, EOS, BCH, LTC, DOGE, SC and that could continue for some time. Lots of layer 1 protocols, most are...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
QTUMBTC we still have the same setup, we have a beautiful daily impulse followed by a nice correction to the 0.50 fibonacci now we can be looking for the continuation to the upside... on the 4hr timeframe market has formed a nice counter trendline if we see a break and close above this zone we can then take the long on the retest of previous resistance turned support.
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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QTUMBTC we have a nice Bullish ICI strategy to apply..... on the daily timeframe market has mad a strong bullish impulse breaking above the resistance, followed by a nice correction.During the correction on the 4hr timeframe momentum has slowed and market has formed a big double bottom, im now expecting the continuation to the upside and market to form a new...
We got one more oppurtunity on QTUMBTC.
This a 3/1 RR Ratio Trade
You can enter at
And The targets are
Once first TP Hit Move SL to Breakeven,
NOT A FINANCIAL ADVICE
Just Analysis for Educational Purposes.