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Qtum

QTUM/USDT Double top keep on eye! Could Break the resistance ??💎 QTUM has been a notable focus in the financial market, consistently encountering challenges at a key resistance area. In recent days, QTUM again attempted to break through this resistance but was met with a substantial bearish rejection. 💎 Currently positioned at the range support area, QTUM needs to demonstrate a strong bounce to revisit and potentially break through the resistance. A successful breach of this resistance, probability could lead QTUM towards a significant resistance area. 💎 However, if QTUM fails to respond positively at the support level, meaning it doesn't rebound and instead breaks below this support, it could confirm a double top pattern. This pattern's validation would point to a bearish trajectory for QTUM, with the target likely set in the Bullish OB area.
by MyCryptoParadise
1
Is DYDX about to do what QTUM did ?DYDX is a well used derivative DEX Can check on tokenterminal the fees being generated and the daily users on DYDX. It is gaining traction and should get a whole lot more come bull market. Very strong fractal As QTUM did previously, DYDX has fallen a lot since launch. However after 100ma appeared on the weekly timeframe and price was able to catch it... QTUM launched all the way back moving 14x from support (more from lows) DYDX looks on trend to follow Considering fractal and increasing fundamentals.. it seems increasing chance that DYDX does something similar and is something to keep a very close eye on!!
Long
by SoftQuant
QTUM/USDT upward momentum? 👀 🚀QTUM Today Analysis💎Paradisers, focus on the potential opportunity with #QTUMUSDT, as it's currently maintaining key support levels, suggesting a likely upward trajectory. 💎Historically, #QTUM has a pattern of following a descending trendline. Currently, with strong momentum above the support level of $2.889, there's a substantial chance for a bullish movement. If this upward trend continues, It is set to target resistance levels at $3.547, and might even push further to challenge the higher resistance at $4.325. 💎 While some newcomers may consider panic entries, the sage Paradisers know that timing is crucial in capitalizing on this scenario. Identifying the most favorable entry points during this expected rise is essential, along with being cautious about entering at the market's peak. 💎 Additionally, be ready for a possible bullish rebound from the bullish Order Block (OB) of $2.425. The presence of a Fair Value Gap (FVG) further reinforces the bullish scenario of #QTUM. However, a drop below this level could raise concerns about the sustainability of the bullish trend. 💎 In this fluid and ever-changing market, strategic foresight and intelligent decision-making are paramount. Crafting a comprehensive trading strategy that encompasses effective money management and a deep understanding of support and resistance levels is key to achieving successful trading outcomes. 🌴💰
Long
by MyCryptoParadise
QTUM/USDT upward momentum? 👀 🚀QTUM Today Analysis💎 Paradisers, focus on the potential opportunity with #QTUMUSDT, as it's currently maintaining key support levels, suggesting a likely upward trajectory. 💎 Historically, #QTUM has a pattern of following a descending trendline. Currently, with strong momentum above the support level of $2.889, there's a substantial chance for a bullish movement. If this upward trend continues, It is set to target resistance levels at $3.547, and might even push further to challenge the higher resistance at $4.325. 💎 While some newcomers may consider panic entries, the sage Paradisers know that timing is crucial in capitalizing on this scenario. Identifying the most favorable entry points during this expected rise is essential, along with being cautious about entering at the market's peak. 💎 Additionally, be ready for a possible bullish rebound from the bullish Order Block (OB) of $2.425. The presence of a Fair Value Gap (FVG) further reinforces the bullish scenario of #QTUM. However, a drop below this level could raise concerns about the sustainability of the bullish trend. 💎 In this fluid and ever-changing market, strategic foresight and intelligent decision-making are paramount. Crafting a comprehensive trading strategy that encompasses effective money management and a deep understanding of support and resistance levels is key to achieving successful trading outcomes. 🌴💰
Long
by MyCryptoParadise
2
QTUM/USDT Crucial area. Need to Break for continue Upward Move 💎 QTUM has indeed garnered our attention. In its current trajectory, QTUM has effectively breached the supply zone, with a confirmed retesting phase already under its belt. Notably, following a strategic retest at the demand zone, QTUM experienced a sharp rebound, propelling it towards an upward path and bringing it to a pivotal supply zone. 💎 For a genuine breakout confirmation, QTUM needs to overcome the $2.7 supply barrier and secure a position above it. Achieving this could set the stage for QTUM to sustain a robust upward journey, smoothly reaching more substantial levels, and probability targeting the major supply zone or even the bearish OB. 💎 However, there's a contingency to keep in mind. Should QTUM struggle to break through the supply threshold, it might retract to the $2.350 demand zone to regather strength for another upward attempt. 💎 If QTUM retraces to the demand zone and fails to uphold its stance, leading to a breakdown, a bearish undertone could take hold. Under these circumstances, QTUM might lose momentum, possibly initiating a downward spiral, revisiting the foundational support levels in a more precarious position.
by MyCryptoParadise
The key is whether it can rise in the 2.442-2.561 rangeHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (QTUMUSDT chart) (1M charts) The key is whether it can rise above the 2.770-3.283 range. (1W chart) We need to check whether it can rise above the box range of 1.848-2.694. Even if it rises, the box area formed over the 6.375-19.346 range may be a resistance area, so the extent of the rise is likely to be limited. (1D chart) If you look at the entire chart, you can see that there are several support and resistance points. However, this point of support and resistance can be considered an important point. The support and resistance points shown on the chart can be said to be points that are meaningful enough to enable split transactions during trading. Accordingly, you can see that it is a coin that can experience significant volatility at any time. I think breakout trading, which involves approaching day trading or short-term trading and buying when it breaks through support and resistance points or sections when it is rising, is appropriate. The box section corresponding to the high price of the currently formed box section is 2.308-2.561. Therefore, the time to buy is when the price is maintained above 2.442 and breaks above the 2.561 point. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
QTUM's Bullish 🐉Dragon🐉 Pattern 🚀In the realm of cryptocurrency, patterns often reveal the hidden narratives of price action. Today, we dive into the fascinating world of QTUM, where a remarkable pattern is unfolding - the Dragon. This pattern, akin to a double bottom but featuring a lower low, signifies a reversal with potential bullish undertones. The Dragon Emerges: A Distinctive Pattern The Dragon pattern is a technical formation recognized by traders for its potent reversal signals. It shares similarities with the double bottom but offers a unique twist with a lower low. The pattern typically comprises two lows, separated by a peak known as the 'head.' QTUM's journey showcases the emergence of this pattern, signifying a potential trend reversal. The Mechanics: Breaking Down the Dragon The first low of the Dragon represents a substantial price drop, often driven by market sentiment. Following this, a rally occurs, forming the 'head' of the Dragon, as traders regain confidence. The second low creates the 'tail' of the Dragon, often dipping below the first low but not significantly. The pattern's completion typically signifies a transition from a bearish trend to a bullish one. The Dragon's Roar: Bullish Potential The Dragon pattern is perceived as a powerful bullish signal by traders. Its formation indicates a shift in sentiment, potentially leading to an upward trend. QTUM's embrace of this pattern suggests an exciting opportunity for traders and investors. Conclusion: Seizing the Dragon's Potential As QTUM unfolds the Dragon pattern, traders and enthusiasts have the chance to explore this intriguing setup. Recognizing the mechanics of the pattern and understanding its significance can empower traders to make informed decisions. While the crypto market remains dynamic and unpredictable, decoding patterns like the Dragon can be a valuable tool. Remember to employ sound risk management practices, stay informed, and be part of the thriving crypto community. See related ideas below❗ Feel free to like, share, and leave your thoughts in the comments. 💚🚀💚
Long
by Yaroslav_Krasko
QTUM roadmap (12H TF)Considering the overlap of the waves and their time-consuming nature, it is clear that QTUM is in corrective waves. By counting the waves and paying attention to the waves, we seem to be in a double hybrid correction. The second part is the correction of a diamond diametric, it seems that we are now in the F wave of this diametric. After the completion of this wave, I expect a correction to the specified range. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
QTUMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for QTUMUSDT As you can see, the price is below a resistance line which has been attempted to be broken multiple times but has not been able to do so. Currently, we have two scenarios in mind. Scenario one: If the price is unable to establish itself above the resistance line, we expect it to take a brief rest and then move downwards towards its support line. Scenario two: But we expect the price to be able to move above the resistance line and eventually move towards its Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals
Bullish Divergence on MACD - QTUMUSDT May See 9% Price IncreaseQTUMUSDT has recently shown a promising bullish divergence on the MACD, and after testing the bottom of the descending channel, it has broken above the downtrend trendline. This is a strong indication of short-term bullish momentum, and we could see a potential 9% price increase from the most recent support. However, we must remain cautious as the recent low still poses a threat. If it gets taken out, bears will gain control and we may see a downtrend continuation.
Long
by MyCryptoParadise
Traders Keep Watch on #QNTUSDT Demand Zone#QNTUSDT has approached the critical demand zone, which traders have been watching for a year now. Currently #QTUM is also testing 161.8% Fibonacci support, where today we are seeing a clean bounce. For the bulls, it should be quite an important level to watch, especially a daily close around it. Because if it holds, followed by a $3.5 resistance breakout, trend can turn aggressively bullish. On the other hand, a daily break and close below the demand zone should be the sign that bears are in control.
Long
by MyCryptoParadise