QTUMUSDT trade ideas
Has The Consolidation Of QTUM Coin Price Came To An End?The weekly technical chart of the QTUM hints towards a strong momentum in price. On coming to the daily chart, the coin price has seen a breakout from the consolidated range and can soon rally to a new high. The upside trend of the QTUM may face a threat near the value of $7.5 Meanwhile, the support of the asset can be found near $5. The token price is currently trading below its major support levels. The 50MA line is at $8 which can make it a potential threat for the price. If the coin jumps 15 to 20% above the current zone then a strong bullish trend in the future can be observed. QTUM/BTC pair can also see a strong trend in the future.
QTUM- Nice Chart to Buy todayFor investors who absolutely love the blue chip cryptocurrencies, Qtum (CRYPTO:QTUM), pronounced "Quantum," is far more exciting:
Once one of the larger digital currencies by market value, Qtum has fallen just outside the top 100 and now sports a market cap below $1 billion. But don't let its size fool you -- this blockchain-based network is built with competitive advantages in mind.
The secret to Qtum's success is that developers took the best aspects of Bitcoin and Ethereum and combined them into a single network. From Bitcoin, Qtum's developers are employing the highly secure UTXO transaction model. Meanwhile, from Ethereum, the network is utilizing smart contract capability. Whether people are sending money or handling more complex transactions, it can all be done on Qtum's network.
Something else worth noting is that the EVM is compatible with Qtum's blockchain network. This means dApp developers can enjoy better scaling (up to 70 TPS) and considerably lower transaction fees, relative to Ethereum.
Another differentiating factor with Qtum is its Account Abstraction Layer (AAL). The AAL is the technical component that ensures developers can continuously upgrade smart contact capabilities on the network, yet still remain compatible with the UTXO transaction model.
All the above plus a chart that shows it's on it's Big Support = We are going Long.
One Love,
the FXPROFESSOR
PS. THE MARKET IS STILL BEARISH..WE ALWAYS HAVE SOME short POSITIONS HERE..Do the same maybe?
QTUM formed a big bullish Shark for upto 258% pumpHi dear friends, hope you are well and welcome to the new trade setup of QTUM coin.
During the previous market crash, QTUM formed a big bullish Cypher which I shared as below:
Now during the current drop,QTUM has formed a big bullish Shark, on a weekly time frame. Right now after completing the final leg, the priceline has moved up, therefore, we can wait for some correction to buy it from the potential reversal zone.
I BOUGHT MORE QTUM (POTENTIAL 10X PLAY)Welcome back to our QTUM analysis Series
In our first analysis, we pointed out buying zones for a potential bottom as shown in the chart below
A month later we updated that idea after a few buyng zones were met
Now in this analysis, we are analyzing afresh, with a different view.
In our two previous analysis, we drew 2 trendlines that price continued to respect, as shown below
Now resting the last trend support which was created when the overall impulse move was initiated, we can see that we are currently in a channel, one which has a target of at least $80-100 dollars depending on how soon we test resistance again, and aligns with our 5th wave top coming in at the 1.382-1.618 fib resistance eventually.
Previous ideas are linked below.
Added in another trendline running across the chart for a potential rejection and a take-profit zone. That way, we can have the growth of wave 5 and 1 almost equal or closely related if we don't get $80, even though it would still technically be shorter than wave 3
Should Bitcoin decide this isn't it's bottom and take another dive, we will most likely retest the $4 support before a move to the upside.
If you agree with this, pls leave a like and your thoughts in the comments section.
As always, feedback is appreciated.
QTUMUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 8.8 and 9.9
after first target reached move ur stop to breakeven
Stop: under 6.9 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
🆓Qtum (QTUM) Jan-20 #QTUM $QTUM
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 7.5$ zone
🔴Buy : 7.5
🔴Sell : 9 - 10.5 - 12 - 14
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 7.5$ zone
🔵Sell : 7.5
🔵Buy : 6.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
QTUM Daily TA : 01.15.22 : $QTUMAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Qtumusdt-LongQtum has taken a hard hit but i believe it's about time it starts reversal. Trade can be taken after breakout and retest. No fomo, as BTC can mess up the trade. Looking strong on shorterTF (4hr). No tps and targets #NFA.
I'm still learning and trying to avoid complicated charts and mission is to keep it as simple as possible. Please support my work. Thank you.
Trc20 usdt:-
TNZYq3agpLhZxgZwho1BGeqkpQ2gBAiyWR
Just like everyone i would like to DCA some holdings as well. Take care avoid trading without stop loss.
QTUM Analysis 07/03/2021Qtum (QTUM) is a Proof-of-Stake (PoS) smart contract blockchain platform and value transfer protocol. In PoS, node operators are rewarded for validating transactions. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution.
The live Qtum price today is $6.34 USD with a 24-hour trading volume of $395,258,518 USD. Qtum is up 2.88% in the last 24 hours. The current CoinMarketCap ranking is #92, with a live market cap of $622,646,747 USD. It has a circulating supply of 98,181,101 QTUM coins and a max. supply of 107,822,406 QTUM coins.
As you can see there are total of 3 TPs specified where we can be sure about the 3TP if the 2 TP gets trigried on an impulsive wave with some correction
but remember all TPs will Triger ultimately.
QTUMUSDT 1D TA : 01.07.22 : $QTUMAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️