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Qtum / Bitcoin

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QTUMBTC trade ideas

RSI Bullish Divergence Detected on QTUMBTC [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We can see the RSI here making a higher low, while the price is making a lower low. This is an indication of reduced momentum, showing that bears are struggling to push the price down. This unsustainable push will lead to an increase in price by creating more momentum for the bulls. This can lead to a great scalping opportunity. Don't expect huge gains here, but use it as a way to identify a short term reversal. You have to take into account that we're on the 15m timeframe. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post if you learned something to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
4
RSI Bullish Divergence on QTUM BTC [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We can see the RSI here making a higher low, while the price is making a lower low. This is an indication of reduced momentum, showing that bears are struggling to push the price down. This unsustainable push will lead to an increase in price by creating more momentum for the bulls. At the same time, the price is hitting a place of horizontal support. This confluence of two signals at the same time make this signal very strong. I am feeling very bullish on this one, as we got an even stronger signal on an already positive streak. This can lead to a great scalping opportunity. Don't expect huge gains here, but use it as a way to identify a short term reversal. You have to take into account that we're on the 15m timeframe. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Long
by Trading-Guru
3
QTUM/BTC TA Update (double bottom?)QTUM/BTC Most altcoins are painting the same potential bullish pattern during this downward action these past days. Some of them are few percentages away from double bottom retest and could spark a strong reversal in the coming weeks or months. QTUM is one of them to challenge its swing low at 1700 sats. If QTUM can hold this level until the market settles down. We could see good returns in the future provided this pattern break bullish. Target is up to 2500 sats area.
Short
by PolarHusk
1
Pacience time for QTUM/BTC Hello traders, If you dont entered yet in QTUM, now is the time to do NOTHING! Pacience is the key for every sucessefull Trader in the market! The price is now testing an important Resistance level that appears to be broken, but we dont know yet, we must wait for today Candle close at UTC time and see if closes bellow or above the Resistance, if close above a long enter is a good choice and our target is the next Important Resistance level. Thank your for your attention.Please push like button, follow us on Tradingview.
by MarketMinds