QRL has found support above the uptrend line.Still good, we see that BITTREX:QRLBTC has found support above the uptrend line formed from the bottom of the All-time-low price level.
If we look at the BITTREX:QRLUSD we can see that that price is above the EMA 200 (Blue line), which telling us that price has found support, we also have space to stay above EMA 200 in case BTCUSD make more decline.
Worst case scenario:
If QRL stay at the same level 0.000015-0.000016 and BTCUSD fall down to 8400, we will be sitting on the EMA 200, the worst case is BTCUSD down to 8000, in that case, we are going to test strongest support line since the All-time-Low 0.128$ per QRL, so if the QRLBTC at that moment start to declining we are going to re-test the bottom line at 0.000011.
Expecting further gains and re-testing the last wave:
re-test TARGET 1: 0.0000175
re-test TARGET 2: 0.00001905
re-test TARGET 3: 0.000025
re-test TARGET 4: 0.00003145
Quantum
Accumulating still in progress... Uptrend formed after bottom.BITTREX:QRLBTC
After the rise of BITTREX:QRLBTC 105%, there was a big correction down to 0.0000152 and in the meanwhile BTC jump from $7450 to $10480, so the price of QRL compared to USD has nicely settled on the EMA 200 line, and confirmed the bottom of the QRL price.
Expecting further gains and re-testing the last wave:
re-test TARGET 1: 0.0000175
re-test TARGET 2: 0.00001905
re-test TARGET 3: 0.000025
re-test TARGET 4: 0.00003145
QRL/USD Possible breakout, still accumulating...BITTREX:QRLUSD
Here we can see that QRL had an accumulation phase (July 15 - October 24) to confirm the new bottom line at 0.000011btc per QRL.
If you zoom in, you can see that the downward line formed, from before pulling up to 0.88$ per QRL, in order to prepare for the BTC pump, is now cracked, so on 240min (4h) chart we can see that QRL is crossing the Ichimoku cloud too, so on the 1DAY chart you can see we have also step in Ichimoku but it still needs more volume in order to get back to 0.3$ per QRL.
The conclusion is that we may see a 100% increase in the QRL / BTC pair in the coming period.
More updates will be in the coming days, as we see how will the market response to these changes...
P.S. There is a great article to check out, try to think from this angle:
medium.com
VOL S&P 500. P-Modeling Pt 3. Trials of Theory UnificationThis is a continuation post of PT 2. Please Start here..
The only changes from PT 2 into PT 3. is a shift of the fractals, and satisfaction of wave 5.
Over the couple years, I have successfully developed a variety of theoretical frameworks and have successfully unified one old school (unfinished) principle of wave theory by conjoining them into the same methodology protocol.
Theory 1: Geometric Linear Regression Modeling (GLRM) - A skeleton protocol of String Theory Linear Dynamics and Quantum Loop Spin Networks.
Theory 2: Elliot Wave Principle (EWP) - A unfinished protocol in classical wave theory of 2D analogs.
Theory 3: Geometric Shadow Fractal Mapping Protocol (GSFMP)- A skeleton protocol of String Theory Linear Dynamics and Quantum Loop Spin Networks
The OP presents TWO NEW theories.
Theory 1 & Theory 3 are authored by the OP to advance the pool of knowledge in Bio-Computational Prediction Modeling Protocols (BC-PMP).
-Currently Theory 1, Geometric Linear Regression Modeling is used in experimental quantum based EEG brain mapping protocols by the OP in Neuro-Imaging Case Studies and in a plethora of 2D analog entropies of quantum derived Neural Networks.
GLRM decodes the brains functional connectivity using String Theory and Quantum Loop Theory threads.
-Currently Theory 3, Geometric Fractal Shadow Mapping Protocol is used in experimental 3D graphical renderings to decode Quantum Waves using Quantum Loop Spin Networks.
The Old School Theory
Theory 2 is authored by the well known Ralph Nelson Elliot in 1938.
The Elliot Wave Principle is unfinished work. Of course this is my opinion. As a theorist, who aims to architect my own foundation theories. I am convinced Elliot Wave Principle is an unfinished theory because of the lack of understanding of Quantum Physics and advances to Quantum/Classical Wave Theory in the 21st century.
This is where I hope to make a difference.
My theories in development and in-process for publication for peer review seeks to close the gap, by presenting a Unifying Prediction Modeling Protocol for a variety of domains including:
Physics, Psychology, Philosophy, Logic, Neuroscience, Mathematics, Theoretical Statistics, Theoretical Experimentation and Research Design, and of course Quantum Mechanics
The point of a Unifying Prediction Modeling Protocol is to create a new way to diagnose mental illness/pathology by creating a neural-data - pool of brains that have been fully mapped and decoded based upon my designed protocols in Wave Function in Mental-Specific Pathological criterion.
Basically, I hook an EEG to your head and decode your brain in real-time and using your brain data, and those from around the world. Compare your brains waves to others who have confirmed diagnosis of pathology. This will render a new era in mental diagnostics by using real brain data, A.I. neural network optimization protocols for comparison, blockchain data pools, and open source software to shift a new paradigm in mental health.
I am here today to explain that this research has come extraordinarily far over the last few years in a plethora of domains. This post is a second trial and experimentation of the 3 theories and its continuation.
I am unsure as to where this experiment will go. But i wanted you to be apart of it as we go.
Technical Analysis has not changed much since the 1980s.
When theory sits idle for this long, someone is bound to find new threads in advancing the theory or even designing new theory for application.
Trial and Error is a hallmark feature of the scientific method.
This is my now my second trial. You may be in disbelief. But when a paradigm is getting ready to shift.. The mainstream usually takes the presented new evidence as fake news, disbelief and sometimes even anger; that you dare suggest a new way of doing things.
1. Elliot Wave Principle is a application of classical wave theory minus quantum wave theory applied to classical ecosystems.
2. Geometric Linear Regression Modeling is quantum wave theory without classical wave theory applied to linear ecosystems.
3. Geometric Shadow Fractal Mapping Protocol is quantum wave theory applied to quantum entropy based ecosystems using superposition.
Combining all three, satisfies application of the postulated claim of classical wave theory + quantum wave theory, residing in quantum entropy based ecosystems.
Each theory effectively overlaps the missing literature in each others knowledge pool. This is why the unification is so important. Each theory fills a missing component of the other.
Find the Geometric Root Wave. - Start.
Notice how each Elliot Wave corresponds to a geometric linear boundary intersect vectors.
Each EW impulse has an increasing number of boundary intersects. Do not ignore this.. Each intersect is a complex confluence of linear boundary lines.
In the analog both classical waves and quantum waves are present. We have to abide by classical/quantum wave functionality laws.
A very interesting thing I noticed when people apply EWP is that they have NO supporting geometric vector boundary intersects. Sometimes EW is satisfied by invisible vector points in the matrix space. This is a problem for many EW applications, as it is my belief that unless you decode the invisible vectors, only can not place correct waves. When one draws the geometric representation of the data, you notice vectors of space that has linear confluence depicted by linear intersects. These intersects are not random but have geometric statistical application and propositional power that is FOR or AGAINST your potential proposition.
Ideally, after a fast upward motion depicted by all the red circles, downward movement is almost a must based upon starting a new fractal sequence trend, which are numbered accordingly. Match the fractals. The choosing of fractal 3 is based upon the geometric linear representation that subjectively fits the narrative.
Volatility should head towards new ATL's. Modeled between the 11.1 and 7.9 range.. This means the S&P should go up to ATH. I have a target of 3200, with blow off top at 3400. Then proceed to enter a deep recession with the fall of US bonds and the USD.
Elliot Wave 5 was satisfied by shadow sequence.
Shadow Seq is valid from the ending EW 5, IF we played the full sequence outright from the Shadow Wave vector amplitude across the actualized hyperspace. We did indeed have a perfect shadow match without amplification alteration to the fractal.
Let's see how it plays out.. yea? Chances are I missed something important, but i have a great feeling I am getting very close to a variety of validates that will be hard to ignore. Laugh with me into madness my friends, the future is bright.
Give a like, and follow along to see where we go! Cheers!
Thanks for pondering the unknown with me,
Glitch420
QTMBTC S/R Flip UpdateHello all!
We can see on the H4, that QTMBTC successfully landed on the support side after a successful rounded retest.
I've scribbled the general outline above.
A long here into previous support (around 5245) for a 15% gain would be a successful execution of this idea.
Stop below new found "support". Idea would be invalidated below this point.
$AXE - cracking breakout today after the Melbourne Preso. $PPK and now $AXE and their qubit,partnering with universities in cutting edge tech. The risks are massive, but great to see Australian Universities partnerships developing. Hopefully just the beginning. Melbourne punters love a gamble as proven today. Decent money stepped in after a solid preso today. Could tell people were standing around with itchy fingers.. snooze you lose.
$QTUM #QTUMBTC Extensive Technical Analysis- Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs Daily TA session. Today, we will be looking at the trading pair of QTUM/BTC, requested by the Traders of School of Sparta. This trading pair has been making people a lot of money in the last year and it seems like that it will do it again very soon. I will tell you what I see, how I will make my own trade and explain how this might play out in a long term and in a short-term set up.
To start off we need to identify where we are in the market and what happened before, so we can understand where we are headed and what we might see in the future.
We are using the daily chart because only here we are able to correctly see and identify the trend. The reasoning behind this is that we do not want to trade against the trend and actually be able to get with the directional momentum of the chart.
Looking at QTUMBTC we can immediately see that we had a very strong and continuous downtrend form many months up until we came to a form of support and confirmed it after bounces, then broke the trend with a nice double bottom structure indicated in the yellow circle. Yet, as we know the crypto has not moved a lot in the last few months and is lacking of the correct volume and volatility. Therefore some coins and charts have a rather sideways going chart and action, here we see the same example again with QTUMBTC.
Sure, a sideway action could be short-lived and just "small stop" in the chart, yet it is holding itself for quite a long time there and keeping its support while everything else is going up, especially its oscillators and indicators.
Therefore we can say with a 80% certainty that it has bottomed out and is now in an accumulation of all of the coins that got sold over the huuuge downtrend. We have seen sudden pumps and continuations of the pumps, yet nothing really significant yet. Which leaves us with the most likely possibility that people are buying a lot of it, yet not pumping it high enough to gain attention and have a really big breakout due to FOMOers and unexperienced traders. Opportunities like these are not there very often and only traders with experience get to trade it and fill their pockets with a lot of BTC when the accumulation ends and the price starts moving upwards.
A view behind the scenes - "unfilled expanse"
When looking at a chart, the market structure and its movement creates an expanse on the chart of which you can actually calculate its surface. Now, the bigger the expanse is above the chart, the higher you have a "pull" of the chart, connected with a high buy pressure.
On the other hand, the bigger the expanse is below the chart, the higher is the pull down which is connected to a higher sell pressure.
Looking at these areas can help a lot while understanding the look behind the scenes. This works on small as on bigger timeframes and will be a topic in one of my next live-sessions.
From a rookie look, one could simply look how many possible targets above are there and how many possible targets are below.
With QTUMBTC we see that the targets above are many and wide spread, where we see here as we saw in NEOBTC as well, that there is only one target left below and breaking it would mean a complete breakdown of the market. THE THING IS, with each day and week moving sideways, we have higher and higher expanse which then at some point in time will have a TOO STRONG pull and the chart will break out and start moving upwards, while doing so gain momentum and maybe even enter an exponential phase.
As a small side note, after the last bigger push, we have now had a 61.8% retracement and are basically in the perfect position to see the next impulse move, which might or might not be the first move to break down the downtrending structure. Funnily enough this 61,8% retrace is at the exact price of 0.000618...
Based on all of the above I will make my trade like follows
QTUMBTC / Binance
BUY 618 - 575 - 550 - 520 - 500
Targets 800 - 950 - 1275 - 1400 - 1750 - 1850 - 2000 - 2200 - 2400 - 2700
Stop Loss Close Below 450
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
This is as always a delayed post, if you are interested in first hand news, feel free to join our group.
Cheers, TJ
QTUM needs to get on its horse or we're going much lower!! QTUM has broken and closed below the trendline support as it still sits on support. If QTUM cannot trend higher here and break back above this demand zone, the EMAs will continue to drop and cause a bearish crossover.
MACD continues to fall off a cliff and still has room to go below while RSI could retest the trendline before continuing lower. If QTUM cannot hold this demand zone, we could fall back down to the 38.2%FIB or even 23.6%FIB if Bitcoin takes a hit.
Thanks guys
Strong rejection on a Lower High. Short.QRLBTC has been aggressively sold near 0.00012 and according to the similar candle patterns seen on the chart, this technically results in a strong sell-off. 1W remains a Descending Triangle (RSI = 43.839, MACD, Highs/Lows, B/BP = 0) looking this time to cross the 0.0000594 December 08, 2017 support. We are shorting here with TP = 0.00004.
Quantum huge descending wedge + Triple bottomI have not seen a better alt-coin chart than QTUM's.
This is probably the epitome of the perfect chart to go long.
A huge descending wedge, the bottom of which is supported by the previous high volume nodes forming a triple bottom!
HOWEVER, it looks like Bitcoin is about to go to Goblin town any time soon, and in this kind of market environment, alt coins' individual charts don't mean shiet.
It's a pity..
QTUM still doing what Bitcoin tells it to doTalk about little brother syndrome. Quantum tests it's historical support when Bitcoin tests it's historical support. If $BTC dips below $7600, $QTUM will dip below $14. If #bitcoin tests support at $6800, #quantum will test it's $12 support zone. I could see 2 more weeks of volume/price decrease thru the first week of June. Even though we're in a great "BUY" target range, be a smart bull in this trap zone.
QTUM/ETH might bounce on support and break out of channelQTUM has been on the decline against ETH for the past 2 weeks, and has currently reached a support level (0.023450) that has been tested around December 13 (just before a run-up) and on March 18th (just before a +45% day).
The price is currently bouncing on this support level, and is about to test the upper trendline of the downward channel started on April 30th.
A breakout might result in a pretty profitable run up like the ones that happened on March 19th or December (you wish!!!).
QTUM BTC coming off the low, is it the 1ne?Deep retracements across the board following the straight rip down on BTC rejection from 10k. Some alts have already hit these low retracement targets. This is a big test for them to hold the lows and see continuation. Good for a swing near term if we can hold the pivot.
Qtum does what Bitcoin wants on Binance - QTUM/USDTIf you want to know what $qtum Quantum is doing or is going to do, just ask Bitcoin. It failed at $25 when $btc failed at $10k. If bitcoin dips below $8900, expect quantum to dip below $19. If bitcoin dips below $8200, expect qtum to dip below $15.50. Let your bulls loose under $19. It's gonna be Pamplona out there if it dips under $16.
QTUMBTC: ARE YOU READY?Hello friends,
QTUM already accumulated for a while, It's looking pretty good right now, if it's able to break the wedge with a decent volume it's definetly going up.
Also RSI is acting as support at level 50.
I set my stoploss just in case the wedge gets invalidated.
- THIS IS NOT FINANCIAL ADVICE -