Despite the downtrend in many of cryptocurrencies, QTUM has yet kept its potential for an incredible growth!
My suggestion is simple; DO NOT UNDERESTIMATE QTUM!
An extremely strong resistance level has been conquered with a relatively high trading volume(Neither low nor very high)
So the price is attractive to new traders, and current traders can still buy
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My last target is 135%, but it is possible to reach higher levels...
Here I buy Qtum against Bitcoin. The price is testing the major resistance against Bitcoin, so now I load my bags and the bullish breakout against Bitcoin will start. And Qtum will go up
See you up there
QTUM is ready to break the channel and move to 150 EMA. As soon it climbs above 100EMA, next target is set. Wait breakout and go.
TA factors:
1- Coin facing 100EMA.
Super clean setup. Qtum had one of the largest capitulations vs BTC. Now reclaimed support, above the Yearly P, retested R3 monthly + Volume Profile PoC and it looks very nice and steady. Old coins have been doing well and their trend is very clear. IOTA, ZEN, NEO, EOS, BCH, LTC, DOGE, SC and that could continue for some time. Lots of layer 1 protocols, most are...
Night chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm.
~~NO Speculations or arrows. And NOT Trading Advise / 0pini0ns either, dyr pls.
#✔️Again if you see Green means bullish & vice versa, chartby 📈 scammaniacs101 ⏩
QTUMBTC we still have the same setup, we have a beautiful daily impulse followed by a nice correction to the 0.50 fibonacci now we can be looking for the continuation to the upside... on the 4hr timeframe market has formed a nice counter trendline if we see a break and close above this zone we can then take the long on the retest of previous resistance turned support.
