QTUMUSDT trade ideas
QTUMUSDT - 4HWe have a possible inverse head and shoulders pattern on QTUM, we need to break the neckline to confirm this pattern.
For every new follower i will add a new idea :)
QTUMUSDT Bullish EngulfingQTUMUSDT Bullish Engulfing
Buying the Dip Now as trading volume is increasing rapidly!
The Chart is showing the next expected Move in the next 10 days.
The market moves are risky, use only 10% - 15% Risk of your account.
NOTE: Do your own Research. Do proper risk and money management. Spot Trading only.
QTUM/USDT Update: Huge pullback. ATH now >10x awayQTUM did see a huge pullback >70% and is now at a critical lvl around 8$.
This and the 4.5$ support are nice entry levels.
We are currently >10x away from the ATH around 100$ and Qtum did have great news this year.
This graphs shows you why it is smart to take out some profit along the upwards ride.
Then you have to buyback at lower levels.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- 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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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
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.
Has QTUM's retracement finished?Well, further to my previous (correct) prediction of a ~40% correction, I personally, I don't believe it's quit done yet.
As always, I could be wrong, or slightly out from my projection, but I do think we'll see a small rally before we continue down to the $8 - $10 area.
Smarter traders than me could skim 50%+ gains from this small impulse before the next leg down and maybe regain some losses.
I did (loosely) use some of what I've learn from Gann theory to pick the event time frames, maybe I'll be completely wrong but we'll see.
I'm still learning so even an incorrect guess will help to correct my understanding.
For me personally, I'll be waiting a little then buying in around my buy area.
Remember, I'm not a financial advisor so please ensure you do your own research.
Happy Trading
QTUM / USDT LONG Follow My TradingView Profile To Get Alert
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This token is one of the best to be honest so everything you need is already here just follow my idea and dont forget to give a question if you have .
1. TP1 30$ = 80% PROFITE
2. TP2 38.5$ = 130% PROFITE
3. EXIT 45$ = 180% PROFITE
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Always Take Your Own Risk and Don't Get To FOMO.
Please Always Take Your Profit If you Didnt' bought in bearish season .
QTUM / USDT LONG Follow My TradingView Profile To Get Alert
--------------------------------------------------------------
This token is one of the best to be honest so everything you need is already here just follow my idea and dont forget to give a question if you have .
1. TP1 30$ = 80% PROFITE
2. TP2 38.5$ = 130% PROFITE
3. EXIT 45$ = 180% PROFITE
--------------------------------------------------------------
Always Take Your Own Risk and Don't Get To FOMO.
Please Always Take Your Profit If you Didnt' bought in bearish season .
QTUMUSDT - 4HQTUM in a big falling wedge. If we can break resistance i expect a nice reaction!
For every new follower i will add a new idea :)
QTUM/USDT short reviewHi everyone!
Let’s observe another crypto pair QTUM/USDT. Daily timeframe shows us a very powerful price level proved by numerous touches and false breaks formed in April and in the beginning of May.
At this time price locates near this price level. At this time the price locates near this price level.
If today’s bar closes above this price level, it will be safe to say that price is going to reach new max price point. Otherwise price will go down to the previous lowest point.
qtumUSDTWhat Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
we can see a cup and handle pattern in qtum chart and the target for that can be 44$
QTUMUSDT Falling Wedge Bullish BreakoutQTUMUSDT Falling Wedge Bullish Breakout
We have seen that QTUMUSDT has created ATH at level 35.66 and then came the correction phase. In the correction process, QTUMUSDT has created a falling wedge pattern and now being broken.
We may have a very profitable trade if the setup is validated.
NOTE: DO YOUR OWN ANALYSIS, DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
