QTUMUSDT trade ideas
The main #MODE of Market Is #SHORTLong story short I marked the exact idea of this position that you can see, I'm still looking for any positions that can make some $ for us, the thing that you have to e careful about is just managing the risk and the capital you have, and remember I always showing the door, and the one that walking through it is you!
#QTUMUSDT Daily Chart
Price previously bounced from the major support area at around $5.5 and currently broke through the supply zone also leaving a couple of demand zones on it's way up at $7.5 and $6.9 respectively. MACD is showing bullish momentum, RSI is bought and EMAs are preparing to turn bullish. Price also broke major structure which give us bullish confirmation. We would wait and see price's reaction once it taps into the first 4h demand zone as it may not hold because the second 4h demand is also aligned with a daily demand which gives it more confluence. I am expecting higher pricing overall.
QTUM/USDT DAILY UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
According to this 2days chart, BICO is making this descending triangle .
Entry range:- CMP and more up to $6
Target:- 100%
SL:- If any daily candle close below $5
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Eyes on QTUMUSDT Hi guys i want to share my opinion about QTUM again
every thing is clear on chart :
1: qtum in weekly timeframe is in uptrend channel that it seems broke the bottom of this channel BUT! its now on strong support zone (yellow zone) that it broke this zone(as Resistance) on 8/feb/2021 with high volume and i do not think it can breake this support zone again and you can see Divergence MACD
2: From the point of view of Elliott waves in my opinion is this : the wave 4 is finish now and we will go to complete wave 5
3: From the point of view of time analysis as its clear in chart the Reduction cycle is finished an we have to go to Incremental cycle in 4 month
In short, I expect to see a minimum price of $ 50 and a maximum of $ 100 over the next 4 months.
Always be profitable. thank you
Qtumusdt: Bears are exhaustedHello traders!
Previously it was a beautiful drop for those who knew about the drop congrats to them as I already told you In BTC that the Market is about to fall and that was the peak of this dump. but now it looks like bears are tired and will leave the Market soon. Bulls will jump in exactly from our Buy entry.
The buy entry is at 6.425, it's the bottom of the current low.
Stoploss is at 6.30, it's about -2% of the investment
The target is at 7.4, it's about 15% profit and I will suggest you use 12x leverage.
The target is the first low before the dump and expecting that market will hit it now. The target is about 1:7 so it will be a great trade.
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QTUMUSDT is testing the dynamic resistance
The price is creating a descending channel on the daily timeframe after a bounce on the monthly support.
The price is creating an ascending channel on the 4h timeframe the the price is testing the 0.618 Fibonacci level.
How to approach?
We are waiting for a new breakout from the daily resistance and weekly resistance. IF the price is going to have a breakout According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐