Qtumbtclong
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.
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QTUM next leg up1. Left the accumulation zone
2. Made 2 HH and currently making 2nd HL on the AZ retest
3. Climbing up the MA20
Entry: 255 (top of the AZ)
Stop: ~245 (Close in AZ)
Target 1: 287
Target 2: 313
QTUM - Cannot Ignore the Volume Increase, Big Gains Incoming!When looking at top volume producers on Binance, QTUM is definitely not one you would predict to see. The volume has increased more than 20 fold and it has landed itself at #12 on Coinmarketcap. It's 24 hour volume today on Binance is 1,740BTC, which is 3rd only to Ethereum and Bitcoin. XRP is a distant #4 at 1,100BTC Volume. I think this massive increase in volume could be a foreshadowing of big gains in the future. The daily OBV looking very strong with clear bullish divergence from the price act. Volume begets price. I will be looking for the bullish continuation to the upside and see what gains we have in store.
BTC -QTUM -Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 15000 BTC( 6 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **27 ( 8 / 10 )
Website ( 7 / 10 )
Type a decentralized #Blockchain application platform
Overall ( 7 /10 )
Between 50,000 - 58000 are the best level to accumulate for a long term investment.
As long as BTC stays above $5800, We found the bottom for most of the alt coins.
96% down from ATH in USD value.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
Trading Plan: QTUM 25% !!QTUM Making Bullish Channel and Now Buying Zone.
Buy 590-600
Sell 670, 730 & 750+
Stop Loss 540
Let See , What Will be Next Move.
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Saved you 94% loss on QTUMit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
$QTUM #QTUMBTC Extensive Technical Analysis- Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs Daily TA session. Today, we will be looking at the trading pair of QTUM/BTC, requested by the Traders of School of Sparta. This trading pair has been making people a lot of money in the last year and it seems like that it will do it again very soon. I will tell you what I see, how I will make my own trade and explain how this might play out in a long term and in a short-term set up.
To start off we need to identify where we are in the market and what happened before, so we can understand where we are headed and what we might see in the future.
We are using the daily chart because only here we are able to correctly see and identify the trend. The reasoning behind this is that we do not want to trade against the trend and actually be able to get with the directional momentum of the chart.
Looking at QTUMBTC we can immediately see that we had a very strong and continuous downtrend form many months up until we came to a form of support and confirmed it after bounces, then broke the trend with a nice double bottom structure indicated in the yellow circle. Yet, as we know the crypto has not moved a lot in the last few months and is lacking of the correct volume and volatility. Therefore some coins and charts have a rather sideways going chart and action, here we see the same example again with QTUMBTC.
Sure, a sideway action could be short-lived and just "small stop" in the chart, yet it is holding itself for quite a long time there and keeping its support while everything else is going up, especially its oscillators and indicators.
Therefore we can say with a 80% certainty that it has bottomed out and is now in an accumulation of all of the coins that got sold over the huuuge downtrend. We have seen sudden pumps and continuations of the pumps, yet nothing really significant yet. Which leaves us with the most likely possibility that people are buying a lot of it, yet not pumping it high enough to gain attention and have a really big breakout due to FOMOers and unexperienced traders. Opportunities like these are not there very often and only traders with experience get to trade it and fill their pockets with a lot of BTC when the accumulation ends and the price starts moving upwards.
A view behind the scenes - "unfilled expanse"
When looking at a chart, the market structure and its movement creates an expanse on the chart of which you can actually calculate its surface. Now, the bigger the expanse is above the chart, the higher you have a "pull" of the chart, connected with a high buy pressure.
On the other hand, the bigger the expanse is below the chart, the higher is the pull down which is connected to a higher sell pressure.
Looking at these areas can help a lot while understanding the look behind the scenes. This works on small as on bigger timeframes and will be a topic in one of my next live-sessions.
From a rookie look, one could simply look how many possible targets above are there and how many possible targets are below.
With QTUMBTC we see that the targets above are many and wide spread, where we see here as we saw in NEOBTC as well, that there is only one target left below and breaking it would mean a complete breakdown of the market. THE THING IS, with each day and week moving sideways, we have higher and higher expanse which then at some point in time will have a TOO STRONG pull and the chart will break out and start moving upwards, while doing so gain momentum and maybe even enter an exponential phase.
As a small side note, after the last bigger push, we have now had a 61.8% retracement and are basically in the perfect position to see the next impulse move, which might or might not be the first move to break down the downtrending structure. Funnily enough this 61,8% retrace is at the exact price of 0.000618...
Based on all of the above I will make my trade like follows
QTUMBTC / Binance
BUY 618 - 575 - 550 - 520 - 500
Targets 800 - 950 - 1275 - 1400 - 1750 - 1850 - 2000 - 2200 - 2400 - 2700
Stop Loss Close Below 450
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Cheers, TJ
QTUM soon up, QTUM/BTC gains!QTUM is looking good now looks like we can make some profits here. We had a big retracement through out the year and now it looks like we have found bottom like most of the crypto. QTUM, if we look at the green support area at 0.000564-566 we have bounced from there couple of times so we take it into account as support then with the wedge we have, it looks like a falling wedge reversal with the bullish divergence we have on EWO and STOCH RSI moving from oversold area and I see this wave taking us all the way up to 0.0007 area in the first wave and if we are starting another crypto rally then this might just be the start of the rally!
Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;)
Be a turtle my friend © Farhad Jafarov