QTUMBTC trade ideas
QTUMBTC LongReasons why it can pump:
1. We had that big bullish divergence on a big time frame (14.08.2018 - 12.09.2018), which played played nicely and recently turned into a nice ascending channel.
2. Resistance was tested a few times and was finnally breached. If we bounce from the dynamic support, we`ll be looking to test the upper side of the channel. However if we breakout of the channel, the support at 610-620 will most likely hold, given that the previous resistance was thoroughly tested.
3. Lastly, they`ve announced their partnership with Amazon Web Services China to develop blockchain-as-a-service solutions for enterprises and developers.
As a more conservative approach as i bought in at 640 sats will be to set a stop loss at 629-630, meaning we`re out of the ascending channel, and look for a lower buying entry point while we`re testing the horizontal support.
Selling target: 700-720 sats
QTUM - Quite Awesome! - Bullish ideaQTUMBTC
QTUM & ADA will be listed on Kraken tomorrow!
blog.kraken.com
Quick Look at QTUMQTUM looking to maybe do 40% here. Risky trade, play at your own risk, if it passes clearance i expect a big rise.
$QTUM / $BTC - looking primed to move. $QTUM / $BTC - looking primed to move.
Description: Qtum is a decentralized blockchain platform with dApp and turing-coplete smart contract functionalities while still mantaining a an Unspent Transaction Output (UTXO) transaction model. Qtum employs a Proof of Stake consensus mechanism. QTUM is the underlying value token in the Qtum blockchain.
Circulating Supply: 88,974,856
Total Supply: 100,974,856
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Qtum "Buy Oppurtunity"If Qtum Resists on 700sat, so you can close bid and then again buy on support zone level.
Target At 729
Stop Loss At 659
$QTUM - Found a bottom heading up-Nice PA
-large increase in buying at these levels
-looking for entry in green zone (daily OB) and take profits as you go.
-may see further consolidation before break of first yellow OB (daily)
QUTUM partners with Amazon as Trade Volume goes ballistic Yesterday, on the 17 October, QTUM has announced a partnership with Amazon Web Services (AWS). The goal of this partnership is to establish Blockchain-as-a-Service (BaaS) through AWS. This partnership could be huge for QTUM as AWS users as well as developers will be able to develop and run smart contracts through Amazon Machine Image.
These services will be focused primarily on creating the bases for enterprise-grade solutions, an identified need within the BaaS model of AWS enterprise customers. As know, QTUM has a hybrid platform, which can merge a bitcoin alike blockchain with the Ethereum Virtual Machine. This certainly will make it much easier to build dApps on a wider scale.
“Qtum is one of the most decentralized entities on the internet and AWS is one of the largest cloud providers in the world. It is a perfect combination for users and the enterprise. We look forward to continue making Qtum’s smart contract and Dapp technology available for what is arguably its most in-demand market, the enterprise,” said Qtum Co-Founder Patrick Dai.
However, rumors are; what if this partnership is simply overhyped, and in reality means that Tron (QUTUM is a brainchild of Tron) is purchasing could computing power from Baidu?
Well, the day of announcement, QTUM made a 16% gain over the Bitcoin, with the huge spike in volume, which might indicate the starting point of recovery after the massive selloff. Nonetheless, price didn’t manage to break above the btc 0.000650 resistance, that is a 361.8% Fibonacci retracement level. While the daily close remains blow, QTUM/BTC uptrend expectations might be a little premature. If/when the resistance is broken, price should be able to reach the key resistance level at btc 0.001120, which is simultaneously a 38.2% and 525.2% Fibs. Only clean break above the key resistance shall indicate on the beginning of a longer-term uptrend.
Yet, price remains under selling pressure, even after the QTUM announcement of the Amazon partnership. Does it suggest that such a ground-breaking partnership doesn’t mean much for investors? Only time will tell, but if price breaks below the btc 0.000523 low, tested on the 15 October, the bearish trend will likely to continue, down to either btc 0.000374 or 0.000228 support level.
Support:
1. 0.000541
2. 0.000374
3. 0.000228
Resistance:
1. 0.000651
2. 0.000881
3. 0.001120
Buy Qtum Everything is Shown in Chart.
As market seems to be green now.
It seems good to enter in Qtum. It can give us decent profit.
Holding time 1-4 weeks.
Invest at your own risk.
QTUM high likelihood bounce target Been riding this one long for few weeks now as weekly candles tightened into a rounding bottom.
Many higher time frames(monthly, weekly) signaling shaded rectangle as potential target for this BINANCE:QTUMBTC counter rally (SHOULD it be a fake alt-season... BINANCE:QTUMBTC will reject hard here and go on to make new All-Time lows).
Perfect world it comes on a weekly 9 (5.5 weeks from now) marked with flag on chart.
Will update more detail later
$QTUM On The Move Giving You 20% From My Published ChartYou can confirm the chart and see targets here:
Bitcoin cross to keep an eye onBullish price action against Bitcoin.
20 & 50 SMA confirmation.
RSI indicates possible correction on the cards, which may create
buying opportunity.
Keep an eye on Bitcoin price action over next 24-hours.
QTUM has no resistance aboveMany alts are forming bottom now and QTUM is one of those that always was considered to be a good investment but fell like ETH and many other favorites.
What I like bout QTUM is that it has so small resistance above when you look at daily chart. It doesn’t mean it will make 200% in one day but the road to that target shouldn't be too hard.
Currently the price is at breakout point, which is around 620. It will either breakout from here or fall back to 600-610. I will be catching it below.
QTUM looking tastey, long we go#QTUM ready for liftoff
Current price 617
Accumulate between 620-575
Targets
670-830-1000-1250 (play fibs buy/sell swings also)
Stops
575-500 (don't hold below that zone)
Buy QTUMso Btc just dropped and it dropped most of the alt coins as well
This is a perfect time to buy. As you can see i have a buy zone and sell zone for a good 4% profit.
I have my own targets which are listed but i always insist you do not based your decision off mine. always DYOR.
This Coin Is Attempting A Reversal The TRADE:
A tight stop loss trade looking for about 5 day holding at a ~ 10% target.
Get in sub 625 with stop loss of 610
If stop loss hits and you still seek to make the trade re-enter at 590 or 600.
Target 700.
DISCUSSION:
This coin seeks to be making a reversal as we can see on medium range daily chart:
The U shaped reversal pattern on the daily signals to us a potentiality of a continued upward channel movement within two potential domains:
( see image below )
1. the yellow channel region is the region of highest positive sentiment concerning bullish behavior.
2. the green channel region (top and bottom green lines) is the low grade positive sentiment concenring bullish behavior.
If we can see an increase in volume over the next 72 hours we will should see positive motion maintain within the yellow band. Elsewise we will extend sideways action within the green channel.
A trade opportunity is made on a weekly time frame as well with the apparent bottom forming.
What is required is that a volume increase emerge. The Coin has experianced massive clear out and the bag holders are present. No doubt they want to see their positions clear however the steep drop down leaves it likely that only the longest term holders have positive power to inject without high risk of loss. Thus... we require that the "small scale traders" can keep this positive momentum going, however that requires increased volume.
Keep an eye and go for this trade...
