Quantum going for that wave 3We have wave 1 and looks like a abc of wave 2. Now looking to break to the upside and make that wave 3
QTUMUSD trade ideas
[QTUM] with a possible move of (+85%) to (+145%)Qtum is showing good strength to continue towards the highs from 2022, it is above value area high from apr 2022 to now, it seems that wants to break the accumulation for the last two years with big monthly bullish divergences, momentum shifting to the upside and moneyflow increasing in the higher timeframes. The target is between value area low from last 2021 highs, monthly/weekly levels, fibonacci extension/retracement levels and anchored vwap from may 2021 high.
TARGET: $7.25 to $9.70 up to (+145%)
I just got LONG QTUM / USD Cryptocurrency: See Charts
I got a LONG-trade just now on Cryptocurrency QTUM / USD.
I don't know much about it but it looks strong on the charts.
You can see the bullish W/bottom which is well supported with strength underneath current price on the Weekly with very strong Stochastics very over-sold however they are pressing up hard and through the 20 level which is bullish coming out of over-sold on the important Weekly- Stochastic.
Also, see in the Weekly / Chart above the MAC-D bullish cross-up recently.
Both of these things tell me that price is very well supported on this weekly chart to come out of its over-sold condition with plenty of support and strength upwards in price going into the new week.
USD could be weak for a little longer, however I do see the USDX turning around and rallying this coming week, possibly Tuesday / Wednesday.
On the 4HR chart notice the bullish Cup 'n' Handle pattern that has formed.
Notice on the Daily Time-Frame here another bullish W-Bottom which has strength because the yellow 9 EMA has recently crossed-up & over the blue 50 EMA & this is very bullish.
Finally, here is the 4HR chart and the Cup 'n' Handle pattern I mentioned.
The spread is terrible on some of these buy-sell orders on the little know Cryptocurrency's so just be aware.
STOP LOSS: Stop at 2.16, which is directly underneath this current bullish candle on the weekly.
Take Profit: 3.86. See chart below.
Quantum (QTUM)Quantum chart is interesting: a fluctuating start and a small up, followed by a long and deep correction, then a strong upward move, and again a correction move, which seems to form a harmonic pattern. After the harmonic pattern ended and when price broke the downtrend line, an impulse upward wave started. Let's see if QTUM can reach the upper line or not.
QTUM price prepares breakout run to $10Consolidation Phase: QTUM is currently in a prolonged consolidation phase, indicating a potential breakout.
Golden Crossover Potential: The weekly chart shows the possibility of a golden crossover, a bullish signal.
Price Range Trapped: Post-2021 bear market, QTUM's price has been trapped in a consolidation range.
Recovery Trend Gaining Momentum: The late 2023 recovery trend hints at a possible reversal in the weekly chart.
Breakout Rally Likelihood: The ongoing bullish reversal within the range hints at an upcoming breakout rally.
Targeting $4.5 Mark: A breakout could potentially propel QTUM price to challenge the $4.5 level.
Trading Below Key EMA Lines: Currently, QTUM is trading below the crucial 200-week EMA line.
Morning Star Pattern Forming: A morning star pattern is forming from the 50-week EMA, indicating a bullish trend.
MACD Indicator's Struggle: The MACD and signal lines indicate a struggle to maintain bullish momentum.
200-Week EMA as Key Resistance: The 200-week EMA acts as a major resistance level for QTUM's potential breakout.
Potential for Death Crossover: A 200-week EMA breakout may increase the chances of a death crossover.
Downside Risk to $2: If QTUM fails to maintain the bullish momentum, it might retest the lower support at $2.
QTUM Bullish UpdateThe green trendline support was tested as expected (red arrow predicted in July), and we finally broke the descending wedge to the upside.
Ideally, I´d like to see a retest of the wedge´s upper trendline (blue arrow). If we get a rejection to the upside, I´ll look for long trades (green arrow).
✴️ Qtum Goes Bullish (Next Target Beyond $5.555, Possible!)Qtum has gone bullish and we are looking at it through the 1,2,3,4 Steps Pattern but we will go beyond this time.
We already know that the entire Cryptocurrency market is either at #4 or entering #4, a new bullish wave.
Thanks to these amazing charts and tools, we were able to predict all of this months before it took place.
Yes, the market are 100% predictable, that's why TradingView exist, that's why we are here in the first place.
Markets are only random if you cannot understand.
Those who understand the signs, the patterns, the cycles, the waves... It is all a dance of energy, it is a very entertaining game.
Let's put these charts once more to the test.
QTUMUSD produced a higher low in June compared to late Dec. '22.
Now we have a very strong bullish breakout and this is coupled with the highest volume since November 2021.
This tells me that a strong higher high comes next, this higher high can reach $5.22 or even $5.80, being conservative as usual because $6.73 and higher can be seen in these cards.
This information is extracted purely using the charts.
The future can be predicted.
Markets are not random, this can be confirmed by looking at the results.
Namaste.
#QTUMUSD - Dropping Through Support to Reach Previous LowsAfter being rejected by a historical descending trend line and breaking just under the closest level of support it looks to us like the price of #QTUM will be heading further down over the next few days and weeks.
Possibly breaking through a few more levels of support would take the price down to $1.85 which would be nearly 40% profit on this Short trade from CTv2.
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What Do You Think?
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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#QTUMUSD - Up to 40% on this Short Trade!Much like our earlier trading idea regarding #QTUM on the daily timeframe, #QTUMUSD on the 2D timeframe is indicating very similar results.
The price has been ranging for some time within this descending (and closing) channel, there's a fresh rejection off upper resistance and a strong Sell signal from CTv2.
We can see an easy 10% on this Short trade, going all the way to nearly 40% before reaching strong support
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What Do You Think?
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
🔥🔥🔥
Crypto Tipster v2
theCrypster
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QTUM/USD WARNING BULLISH🔥🔥QTUM quantum Breakout Incoming! Can buy Quantum . I bought it and froze it 1.72$ is the most favorable situation to buy the qtum asset, the price will
soon increase and we will make a profit by Sell 5$ There will be such information that this news will cause the price to change. How the price changed after some information we provided
QTUM/USDT - 27.08.22 Market UpdateHello Traders!
QTUM continues to drop. The price has tested the resistance level of $5.00, where it met the seller's reaction.
Based on the analysis of senior timeframes, we can assume one more wave of decline. We can expect the culmination of the downward movement near the support level of $1.60.
It is possible to consider medium-term purchases in the $1.60-1.96.
The targets will be the levels of 5.00 and 7.32
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
