QTUMUSD - BREAKOUTQTUM is very bullish we just broke and closed above this descending trendline on this nice triangle patter - i am entering a long on the retest of previous resistance now acting as support.
QTUMWCRO_0E5F8B.USD trade ideas
Qtum Breakout: UpdateAs I told you guys earlier today, we would need to get back into the triangle pattern if we still want to see a move to the upside. We did get back in the pattern and we retested the support area. This was succesfull and I think that now we can see a move to the upside as shown in my chart. Goodnight!
DISCLAIMER: I am not a financial advisor, and I am not telling you to go short or long. I am just making a technical analysis.
Qtum breakout: updateYesterday I told you guys that we needed a succesfull retest to see if we flipped resistance into support. We didn't and we came down again. Now I think we need to get back into the pattern otherwise I think that we are going to see a correction.
DISCLAIMER: I AM NOT A FINANCIAL ADVISOR, I AM JUST TRYING TO TELL YOU GUYS WHAT I THINK.
Qtum breakoutI think that when we get a succesfull retest, we will get a target of approxiamately 18.5 dollar.
$QTUM #QTUM Quantum - long - to the moon?Qtum is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoin and Ethereum in one chain. QTUM, at the time of writing is still around 84% off it's all time high of January 2018. It's had a couple of nice breakouts, and hasn't revisited the the lows of 2020. The chart looks similar to 4trx before shooting to the updside. Near-term support is in green (box and dashed lines), near-term resistance is shown in red. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
qtumusdnice setup with low risk. in contracting triangle pattern.
after 4$ breakout you can enter in correction.
targets are marked in chart
don't forget about SL
good luck
QTUMUSD DailyQTUMUSD
Daily Time Frame
looking at 100% profit
Good for long term holding
aim for 25 Short term
aim for 50$ long term
regards
Qtum and 100% profitIts not too late if you want step in for Qtum. Shows even 20$ in the mid term, but hitting more than 16$ and 60% profit is not too bad for short time.
QTUM/USD BEAR PROJECTIONHello friends,
Long time no see. Just a quick thought on what I see for QTUM/USD:
*A bear flag forming on the 4hr for QTUM
*ABCDE Elliott wave pattern completed
*Price action has fallen below 50, 100, and 200 day moving average
*IF pattern is correct, price target of 3.82 - 4.10
*Stop loss: 5.33 - 5.65
Considering the price runup from 2.50 since Jan 1st, 2021 all the way up to about 8.50 in only a months time, I see a large drawback. Even with my price target, QTUM will still have doubled since Jan 1st.
This drawback will move along with BTC, as I also believe BTC will correct to around 40k - 42k region to complete an ABC correction from the 57k top.
UNDERSTAND: I am strictly coming from a technical perspective. I do not know much about QTUM so positive fundamental news can always shake this pattern out. Nothing is certain.
UNDERSTAND: If BTC doesn't correct as fore mentioned, then the conviction of this pattern is weakened, but not completely ruled out.
This is not a long term hold, my time forecast is between 2-15 days depending on market price action.
I have a short position active, small but there to enforce my confirmation bias.
Good luck all, see you on the greener pastures.
QTUMUSD- LONGQTUM has made a nice daily correction to retest previous resistance as new support, now im expecting to see the continuation to the upside again. We will be waiting on the 4hr timeframe for market to break above counter trendline and form a new higher high then on the retest of previous resistance turned support ONLY IF our other entry rules are met we will take a nice long.
Inverse head and shoulder forming and 1.618 Fib $11.23 It looks like an inverse head and shoulder and projecting to the 1.618 Fib level as well with MACD crossing over for a bullish continuation.
Entertainment Purposed Only: I am not a financial adviser, please do your own due diligence and TA before following someone's idea.
qtum gartley and kinda 3RVlooks good to go to the next resistance level at least imo. might even be able to catch a lil better entry within the stop range
QTUM/USD: Price Labels, Market Cap. Examples, & Explanations. Hello Traders,
Here's a project I' am very bullish on ATM. I've been DCA-ing my orders in over the last 24 hours during this small pullback we've been experiencing.
This project still sits under a $1 Bil. market value.
There is plenty of room for growth and serious room for a strong uptrend.
The ATH for the is project reached just over $82 after it first launched.
We currently have an inverted Head & Shoulders pattern on the daily.
Fundamentally, we have a new partnership release and testnet with the Janus Beta happening next week on March 31st. The new version fork will be happening in April. The mainnet Janus Release will be happening in June and finally, the halving will be happening in September.
As you can see, there are a lot of reasons for QTUM to experience volume growth and a continued uptrend leading to at least the first two targets. Currently, QTUM sits at #16 for smart contracts based on its market cap. If it were to hit the second target of a market cap of $1.95 Billion, it would be sitting just above ETC, FTM, and right below NEO. Seeing that neither ETC or FTM have any new updates or news coming out over the next couple of months, this should be fairly possible for QTUM to pass by. Time will tell, but patience always does.
You can check out some of the new releases coming out for QTUM here: coinmarketcal.com
If you enjoy some of these deeper dive posts, give it a like and I will start making this a more consistent effort.
Good luck and thank you!
