The price action for QTUM (QTUMBTC) as shown in this analysis is from December 18, 2017 till present date. Commentary is provided below based on the annotations that are numbered on the chart. (1) ~0.002918 and 0.00243 is anticipated to provide resistance on a breakout to the upside of the falling wedge (diagonal). ~0.00276 (green dotted line) indicates a price...
Stop : 1264 sats. Take profit : 1800 sats maybe... Good luck #DYOR
Let's see which way this wedge goes...…. This project has legs and could easily double it's price in the next true bull run, but as mentioned for the short term let's see what this wedge does. Accumulate the dips... ALWAYS!
Sitting at 18 on the market cap rank, IMO This puppy has some room to go up. I think a 2 or 3x in market cap growth this year is possible. I'd highly recommend you look up the project, and dont treat this as financial advice. I am personally holding onto qtum for a while now because I'm facinated by the merging of bitcoin and ethereum protocols. I am investing in...
Chart is self-explanatory. One must note the huge resistance at 420,000 price level. However QTUM has much potential which should overcome such resistance in the future. Events: 16 January 2018 Starbucks Partnership 22 January 2018 Oxford-Style in Davos 26 January 2018 Blockchain Conference This is not an investment advice, do your own research.
BITTREX:QTUMBTC 2.80% has been in a downtrend for quite some time but is primed for a trend reversal. On the larger timeframe, it becomes clear that the downtrend is becoming weaker and QTUM may have completed the last impulse wave in the trend. That combined with the moving average congestion and Bollinger Band compression would seem to suggest a strong move is...
Indicators implying that QTUM has bounced off support and will rise. RSI is very low indicating a good buying opportunity.
Hi Seildev here, Today we're looking at Qtum/btc at a high activity zone around 0.0012 ~ 0.00128. - Key horizontal area of interest @ 0.001957 - High of 0.0049 to 0.001957 shows Fib 127.2% at 0.001179 (Support 3) - High of 0.00423 to 0.001957 shows Fib 127.2% at 0.00132584 (Support 2) - High of 0.00352298 to 0.001957 shows Fib 141.4% at 0.0013515 (Support 1) If...
Buy on breakout of top of wedge, and rebuy if price tests top of wedge as support. Will update once I see movement.
Small Stop loss, big Take profit :)