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QTUMBTC

QTUMBTC Trade| Range Pivot|Hidden Divergence|Neckline ResistanceEvening Traders, Today’s Analysis – QTUMBTC – Testing range midpoint in an extended descending channel , PA is at trend pivot . Breaking bullish will establish a potential right shoulder, breaking bearish will make the immediate target, range support. Points to consider, - Trend trading in a channel - Midpoint (Local support) - Range resistance (neckline confluence) - Hidden bullish divergence ( RSI ) - Volume profile in synch with H&S QTUMBTC has been trending in a channel with the local support being respected, (range midpoint). Holding this area will establish a potential right shoulder in an H&S pattern. The range resistance is a key pivot ; breaking above this will confirm the chart pattern. QTUMBTC has a hidden bullish divergence ; price action at current level will confirm its significance. The Volume profile is in synch with the potential head and shoulders pattern. Breaking the neckline will need volume follow through for confirmation. Overall, in my opinion, QTUMBTC is at a pivot point in the chart. Price Action here will dictate the next directional move. Breaking bullish will confirm the pattern and trend change. Breaking down bearish will make the immediate target – range support. What are your thoughts? Thank you for following my work! And remember, “Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
by AzizKhanZamani
3
Support and Resistance Trade Set-Up for QTUM/BTCHey all, here’s another entry on my tradingview series called 'Quick Updates'. In the chart you can find a nice and clean trade set-up based on support and resistance --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out: Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
1
QTUM/BTC TA Update (double bottom?)QTUM/BTC Most altcoins are painting the same potential bullish pattern during this downward action these past days. Some of them are few percentages away from double bottom retest and could spark a strong reversal in the coming weeks or months. QTUM is one of them to challenge its swing low at 1700 sats. If QTUM can hold this level until the market settles down. We could see good returns in the future provided this pattern break bullish. Target is up to 2500 sats area.
Short
by PolarHusk
1
Pacience time for QTUM/BTC Hello traders, If you dont entered yet in QTUM, now is the time to do NOTHING! Pacience is the key for every sucessefull Trader in the market! The price is now testing an important Resistance level that appears to be broken, but we dont know yet, we must wait for today Candle close at UTC time and see if closes bellow or above the Resistance, if close above a long enter is a good choice and our target is the next Important Resistance level. Thank your for your attention.Please push like button, follow us on Tradingview.
by MarketMinds