QTUM has broken the descending trend line.
Like many other cyptos an IHS may form.
Be ready for the WHITE trend line to be validated for entry.
Profit targets will be previous resistance zones.
Good Luck
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
It looks like it is about to enter wave 5 and if wave 1 and 5 are the same, then it takes the price perfectly to the Fib 2.618 and $52 for middle of June... also using smartMCDX, then we can see some institutional smart money has started to flow into QTUM...
Note: not financial advice.
It looks like it is about to enter wave 5 and if wave 1 and 5 are the same, then it takes the price perfectly to the Fib 2.618 and $52 for middle of June... also using smartMCDX, then we can see some institutional smart money has started to flow into QTUM...
Note: not financial advice.
Greetings,
QTUM has been trading since 2017, on many top exchanges, you can trade both long and short. It was once in the Chinese ranking of the most promising projects. But personally I don't pay attention to the fundamental news at all, I only look at the chart.
Let's look at the weekly chart first, the price has decreased by 99% from the highs. For those...
we broke the structure of the consolidation and now we confirm it with a small correction and spring in the lower time frame it is a great set up
to buy ...
Please push **LIKE** to support idea , thanks
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for...
QTUM is very bullish we just broke and closed above this descending trendline on this nice triangle patter - i am entering a long on the retest of previous resistance now acting as support.
As I told you guys earlier today, we would need to get back into the triangle pattern if we still want to see a move to the upside. We did get back in the pattern and we retested the support area. This was succesfull and I think that now we can see a move to the upside as shown in my chart. Goodnight!
DISCLAIMER: I am not a financial advisor, and I am not...
Yesterday I told you guys that we needed a succesfull retest to see if we flipped resistance into support. We didn't and we came down again. Now I think we need to get back into the pattern otherwise I think that we are going to see a correction.
DISCLAIMER: I AM NOT A FINANCIAL ADVISOR, I AM JUST TRYING TO TELL YOU GUYS WHAT I THINK.
