QTUMUSD trade ideas
The show must go on!QTUM fell down (with the help of Binance FUD) to test important support and seemed to hold, this is what I'm looking for next couple of months
TP1: $43
TP2: $52
TP3: $120
TP4: $300
qtumusd might risethis one, Daily - 3d and weekly getting better and tasty to me
seeing 100% profit this month (march)
pick some, there are little coins which Daily 3d and weekly at the same time near bottom
QTUM/USD Is Showing a Trade Short Opportunity 100% + ROIHello, Trading View,
This opportunity has been going on for a while now. It was looking like a rectangle at first. But sense it did not hold it self up at the support line. It is less likelely that this is a recangle formation. Sense the market changes pretty spuratically. This is a higher risk trade. Just as an FYI. There is still that change that it will go long once it reaches the red line. We have to see it make a notable break past the 2nd resistance line to be considered in a full trend continuation pattern.
Once it reaches the lower support line. IMO, you should close the trade and re-evaluate the situation.
Buy-in: 26.43
Target: 18.17
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Qtum , A Long-Term Buy Opportunity in QTUMUSD .Technical analysis:
QTUM/DOLLAR is in a Down Trend and beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (22.68 to 15.63), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (22.68)
Ending of entry zone (15.63)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 34.95
TP2= @ 42.00
TP3= @ 57.74
TP4= @ 83.50
TP5= Free
QTUM left the negative trend channelNot surprisingly QTUM has also left the negative trend channel as almost all other big coins have done before.
QTUM is a token with an own blockchain, not comparable for example with OmiseGo - they untilize the Ethereum-Blockchain and they haven´t yet launched their own coins / tokens; they will do sometime in the future.
One rumour tells that the QTUM-Blockchain has been launched into space with the last chinese rocket. The QTUM-Blockchain shall be efficient for space-works. And the space isn´t regulated at time. Don´t know if it´s true, but it´s a funny story.
Technically QTUM has fallen within the negative trend channel, as other coins did. So there is much correlation. On the other hand one can see that it is more correlated to ETH than to BTC (in the downtrend) - with less volatility.
In the uptrend the correlation was less given. So this could give an example for future development.
We have seen two big pumps into QTUM. First on dec 15, second on dec 18. On the end of the crash both events have been neutralized.
The last movements weren´t driven by volume. In the contrary, the price rose even with very poor volume.
RSI and MACD are in positive terrain, not overbought, not euphoric, not much momentum.
The price of QTM has upbroken the fib retracement (78.6%) - which has been a swing trend line as well - and arrived at the upper limit of an ascending triangle.
The question is, will it has enough dynamic to break through this line? This would give a buy signal.
Or will it stay within the triangle another day or two?
Or will it even break down the triangle, under the current support-leven? In this case hold your assets.
Worse case scenario: it falls back to the negative trend channel and below support at fib retracement 23.6% (27.46$). In this case all the temporarily positive movement is lost and we have to wait for a new buy signal.
(fib in uptrend: continuous line / fib in downtrend: pointed line)
QTUM LONGRSI looks good. QTUM is heading to the same direction where it came from two months ago. breakout to be confirmed very soon i guess. I reckon lets wait for one or two days for the break out.Happy trading :)
Great Coin to accumulate You will definitely want to accumulate this coin for the long term, and price weakness in the short term should be bought up. ($20-30) is low risk to accumulate!
Please only gamble what your willing to lose!!
Best Wishes LuLu !!
Time to buy QTUMWe saw the harmonic pattern before and there was a clear buy to the 61.8% fib lvl. So if history repeats itself I would buy here
QTMLonger term horizontal usually good for bounce but until we get out of the down fork there is nothing to see for longs
QTUM - will crash miserablyThis is not trading advice. I'm a bad trader (still work full time with other stuff).
I think QTUM will crash to around $16. So around 62% of current value will be lost.
This must happen for the beautiful pattern to continue to evolve.
