Qtum
QTUM longSo QTUM has drawn a nice falling wedge and right now it broke up.
As you can see on the 1hr chart, it has already checked its old resistance as new support and it went well.
So what I´m expecting is a move north.
My price target is above 9 maybe at 9.5-10...¨It all depends on volume and ofc BTC...
QTUMSince this past crash we all experienced last night, the only coin that seems to be recovering and bouncing up better than any other coin is QTUM.
It's trying to break a resistance right now. if it does, I've pointed out 2 TP areas for you guys to set up your positions.
So far it has moved up about 10%, and I think it has the potential to do more.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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🔥 QTUM Bullish Triangle BreakoutFew moments ago QTUM broke out of the triangle in which it has been trading for almost a month. It found strong resistance around the $7.50 area, which has now finally been breached. Seeing the strong sudden influx of buyers I'm expecting the price to fall back towards the $7.55 area, which now functions as a support. If bullish pressure continues, we might see a new ATH soon!
Happy trading!
QTUMUSDTPossible buying zone were in the red elipse zone. But still can try to catch good entry. Use the limit order if you want to try to be IN.
Danger: I don´t like Monday trades - waiting till Monday afternoon (CET). Because Monday was couple of time full of blood in crypto.
First TP: 0,8 usd - we´ll se what happen later.
My short time prediction for QtumOk there are 3 steps
Green line we need to see a double bottom (small one)
Yellow we go down to shape second double bottom and then go up to resistance line
Blue : if we look at the left side we see small shoulder and double head so i believe we need a small other shoulder in right side to shape reversed head and shoulder
These are 3 steps Qtum can be saved