QTUMUSDT trade ideas
QTUM Soon Gonna Reach The Peak Of Parabola MovementQTUM Price traded at $19.79 with a gain of 36.40% in the last 24-hour and 24.17% up in the weekly time frame. Furthermore, QTUM bounced from the support of $11.72. In contrast, the market capitalization stands at $1.9 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $22 in future trading sessions. Also do check my previous article on QTUM’s parabolic movement here
Resistance: $22.0
Support: $11.72
QTUM/USDT Update: First target reached. Retesting old resistanceWe did shoot through our first target.
Currently QTUM is consolidating and maybe retesting previous resistance which would be a good entry point after a successful retest.
We still aim for the same targets.
ATH from 2018 is around 100$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Triangle🔥Get ready, folks🔥
(Idea update)
There is a huge consolidation on crypto.
Symmetrical Triangle formation on QTUM/USDT crypto pair.
Before we thought that there is a Flag formation.
However consolidation became continious.
So now we have 2 possible scenarios of price movement.
Bullish or Bearish movement.
That's why we have to follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
Wedge🔥Hey, wolves🔥
There is a great formation for you
Wedge pattern!
There was a strong and confident bullish sentiment
There was a bullish breakout already.
Nothing to say more, get ready.
Follow the chart and look for the best price to enter.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Is QTUM goin to touch $25? I hope.As seen in the chart, it's in a strong uptrend, and if we take a look at the all-time time frame in CoinCheckup.com we will face a $25 price again.
However, I think the $25 was touched on the date of being listed in the Binance, but I expect QTUM to touch $25 in near future.
Currently, the price of QTUM is around $16 and if it touches prices between $22 to $26, a 37% - 62% profit will be gained.
BINANCE:QTUMUSDT
QTUM is ready for moon mission....Hello and hope you doing well, i wish you will make good gain on your portfolio.
Alright let's talk about QTUM/USDT, seems it gonna break this triangle soon and will pump hard. You can add some in your Future or Spot bag. Price is currently at good support zone and we can expect price towards target as soon as BTC start showing it's strength.
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