QTUMUSDT.P trade ideas
QTUMUSDT - 4HQTUM is looking strong , we nearing resistance, if we can break resistance than the bull flag is confirmed.
For every new follower i will add a new idea :)
QTUM... UpdateIs there any thing to say? still hardfork update is remaining for pump trigger. atleast ATH is waiting.
Not financial advice
QTUMUSDT,1HBuy in yellow box for the specified TARGET
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QtumUsdt_WTarget:80$
Fundamental: it has hardfork for 30 April, so it could break the ceiling of ascending channel
No financial advice.
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: $11.72
QTUMUSDT - 1 HOUR QTUM ; the 1 hour higher low is set and now we need to break horizontal resistance to set the higher high.
For every new follower i will add a new idea :)
QTUM/USDT Update: First target reached. Retesting old resistanceWe did shoot through our first target.
Currently QTUM is consolidating and maybe retesting previous resistance which would be a good entry point after a successful retest.
We still aim for the same targets.
ATH from 2018 is around 100$.
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".
