QTUM/USDT Crucial area. Need to Break for continue Upward Move 💎 QTUM has indeed garnered our attention. In its current trajectory, QTUM has effectively breached the supply zone, with a confirmed retesting phase already under its belt. Notably, following a strategic retest at the demand zone, QTUM experienced a sharp rebound, propelling it towards an upward path and bringing it to a pivotal supply zone.
💎 For a genuine breakout confirmation, QTUM needs to overcome the $2.7 supply barrier and secure a position above it. Achieving this could set the stage for QTUM to sustain a robust upward journey, smoothly reaching more substantial levels, and probability targeting the major supply zone or even the bearish OB.
💎 However, there's a contingency to keep in mind. Should QTUM struggle to break through the supply threshold, it might retract to the $2.350 demand zone to regather strength for another upward attempt.
💎 If QTUM retraces to the demand zone and fails to uphold its stance, leading to a breakdown, a bearish undertone could take hold. Under these circumstances, QTUM might lose momentum, possibly initiating a downward spiral, revisiting the foundational support levels in a more precarious position.
QTUMUSDT trade ideas
QTUMUSDT (4H) - Bullish wave LTFHi Traders
QTUMUSDT (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 3.042 after the market found support at 2.914. Only the downward break of 2.914 would cancel the bullish scenario.
Trade details
Entry: 3.042
Stop loss: 2.914
Take profit 1: 3.589
Take profit 2: 4.006
Score: 8
Strategy: Bullish wave LTF
QTUM COMING FOR WHAT BIG QTUM looks to have a confirmation for the return that can allow the price action to break up $4.50
The reason for this update is that this coin shows an effect on what stocks also show when it has a starting increase trend. depending on our study we see a building increase.
Building increase is known by the strong effect of an increase in combination with holding the price action.
We believe that building trends are one of the best trends you could have in trading.
increase since 19 OKTO with 38%
This is not trading advice.
The key is whether it can rise in the 2.442-2.561 rangeHello?
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(QTUMUSDT chart)
(1M charts)
The key is whether it can rise above the 2.770-3.283 range.
(1W chart)
We need to check whether it can rise above the box range of 1.848-2.694.
Even if it rises, the box area formed over the 6.375-19.346 range may be a resistance area, so the extent of the rise is likely to be limited.
(1D chart)
If you look at the entire chart, you can see that there are several support and resistance points.
However, this point of support and resistance can be considered an important point.
The support and resistance points shown on the chart can be said to be points that are meaningful enough to enable split transactions during trading.
Accordingly, you can see that it is a coin that can experience significant volatility at any time.
I think breakout trading, which involves approaching day trading or short-term trading and buying when it breaks through support and resistance points or sections when it is rising, is appropriate.
The box section corresponding to the high price of the currently formed box section is 2.308-2.561.
Therefore, the time to buy is when the price is maintained above 2.442 and breaks above the 2.561 point.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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QTUM's Bullish 🐉Dragon🐉 Pattern 🚀In the realm of cryptocurrency, patterns often reveal the hidden narratives of price action. Today, we dive into the fascinating world of QTUM, where a remarkable pattern is unfolding - the Dragon. This pattern, akin to a double bottom but featuring a lower low, signifies a reversal with potential bullish undertones.
The Dragon Emerges: A Distinctive Pattern
The Dragon pattern is a technical formation recognized by traders for its potent reversal signals.
It shares similarities with the double bottom but offers a unique twist with a lower low.
The pattern typically comprises two lows, separated by a peak known as the 'head.'
QTUM's journey showcases the emergence of this pattern, signifying a potential trend reversal.
The Mechanics: Breaking Down the Dragon
The first low of the Dragon represents a substantial price drop, often driven by market sentiment.
Following this, a rally occurs, forming the 'head' of the Dragon, as traders regain confidence.
The second low creates the 'tail' of the Dragon, often dipping below the first low but not significantly.
The pattern's completion typically signifies a transition from a bearish trend to a bullish one.
The Dragon's Roar: Bullish Potential
The Dragon pattern is perceived as a powerful bullish signal by traders.
Its formation indicates a shift in sentiment, potentially leading to an upward trend.
QTUM's embrace of this pattern suggests an exciting opportunity for traders and investors.
Conclusion: Seizing the Dragon's Potential
As QTUM unfolds the Dragon pattern, traders and enthusiasts have the chance to explore this intriguing setup. Recognizing the mechanics of the pattern and understanding its significance can empower traders to make informed decisions.
While the crypto market remains dynamic and unpredictable, decoding patterns like the Dragon can be a valuable tool. Remember to employ sound risk management practices, stay informed, and be part of the thriving crypto community.
See related ideas below❗
Feel free to like, share, and leave your thoughts in the comments. 💚🚀💚
QTUM roadmap (12H TF)Considering the overlap of the waves and their time-consuming nature, it is clear that QTUM is in corrective waves.
By counting the waves and paying attention to the waves, we seem to be in a double hybrid correction.
The second part is the correction of a diamond diametric, it seems that we are now in the F wave of this diametric.
After the completion of this wave, I expect a correction to the specified range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
QTUMUSDTHello Traders,
The current condition of the QTUMUSDT pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
qtumqtum chart is front of you. It went up thrn rejctected and created LL, after that itcreated LH and rejected from Golden fibb level. Now price is around 2.62 and im expecting again a bull back towards another golden zone and possible rejection here because of bearish order block and bearish goldenzone. This will lead it towards its main buy order block which will send it towards another high.
QTUM ANALYSIS (2H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the QTUM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SHORT TERM SIGNAL The information I share on this platform is based on my personal opinion and experience, and should not be considered as financial advice. You are responsible for your own investment decisions and should always do your own research before making any trades. I do not guarantee the accuracy or validity of any data or analysis I provide. Please use your own judgement and caution when following any call or signal I post. #imo
NOTE:
25% PROFITS AT EVERRY FIBONACCI RETRACEMENT LEVEL.
USE ISOLATED (FOR CRYPTO EXCHANGE)
USE CAPITAL RATIO (5 - 10 % OF YOUR CAPITAL)
DONT FOMO (FEAR OF MISSING OUT)
If you want to trade crypto successfully, you need to follow some basic rules. One of them is to use isolated margin for your trades. This means that you only risk a fixed amount of your capital for each trade, and you don't borrow more than you can afford to lose. This way, you can avoid liquidation and protect your account balance.
Another rule is to trust the process. Trading is not a get-rich-quick scheme, but a long-term game that requires patience and discipline. You need to have a trading plan and stick to it, regardless of the market fluctuations. Don't let your emotions get the best of you and don't chase unrealistic profits.
A third rule is to use capital ratio for your trades. This means that you divide your capital by 10 and use only one-tenth of it for each trade. This will help you diversify your portfolio and reduce your risk exposure. You can also adjust your position size according to the market conditions and your risk appetite.
Finally, a fourth rule is to avoid FOMO (fear of missing out). This is a common psychological trap that makes traders enter or exit trades based on hype or panic, rather than logic or analysis. FOMO can lead to overtrading, poor decision making, and unnecessary losses. You need to be confident in your own strategy and not follow the crowd blindly.
By following these four rules, you can improve your chances of success in crypto trading and enjoy the benefits of capital ratio.