Qtum forming a complex H&SQtum ratio is forming a complex H&S while getting close to the downtrend line. Volume has been up lately and we could see the price breaking upwards. Pending orders must be placed right above the H&S neckline. PT would be the depth of the head (head low to neckline) added to the breakout price which will be about 0.0025 BTC. Of course this all depends how the entire crypto market acts in the following days.
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Qtum
QTUM/BTC OPPORTUNITYHi Seildev here,
Today we're looking at Qtum/btc at a high activity zone around 0.0012 ~ 0.00128.
- Key horizontal area of interest @ 0.001957
- High of 0.0049 to 0.001957 shows Fib 127.2% at 0.001179 (Support 3)
- High of 0.00423 to 0.001957 shows Fib 127.2% at 0.00132584 (Support 2)
- High of 0.00352298 to 0.001957 shows Fib 141.4% at 0.0013515 (Support 1)
If we are to surpass key level at 0.001957 we can set our target at:
- Target 1 @ 0.001957
- Target 2 @ 0.0025
Side note:
- A nice doji candle has also formed Nov 5th
- RSI Divergence
As always trade with a plan and safe trading.
Seildev
QTUM Bullish Falling WedgeRSI is strong indicator spotting divergences.
Price reversal is in act and the falling wedge pattern is actually support this.
Falling wedge is considered as bullish (up trend market) pattern.
Bullish confirmation is when we break top of the pattern line.
So buy order should set above to this line.
Sell target is around 15 levels.
Some should left for the longer run.
Constructive criticism and comments are welcome.
Yarr
qtum buyThe price broke through the resistance line at 10.7 and I think there is a potential to go up to the level of 12.9-15
I noticed a bullish divergence between the MACD and the price. I see a growth in volume, as well as all oscillators (RSI, MACD and Momentum) made the cross up, which gives me grounds to open a purchase order.
Purchase 11.1
target 12.9-15
stop loss 9.7
TRADE REVERSAL - QTUM - [\M-W/]As what we can see,
good team potential
wallet update: Adds GUI support for #Qtum QRC
trend change since ICO 0.00% in my opinion good time to grow up
in my opinion good opportunity to check this project now
Bless
MW
ed:
TIP:
check trend on BTC and other oscillators to decide where you want to go
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