Get started

Qtumusdt

QTUM's Bullish 🐉Dragon🐉 Pattern 🚀In the realm of cryptocurrency, patterns often reveal the hidden narratives of price action. Today, we dive into the fascinating world of QTUM, where a remarkable pattern is unfolding - the Dragon. This pattern, akin to a double bottom but featuring a lower low, signifies a reversal with potential bullish undertones. The Dragon Emerges: A Distinctive Pattern The Dragon pattern is a technical formation recognized by traders for its potent reversal signals. It shares similarities with the double bottom but offers a unique twist with a lower low. The pattern typically comprises two lows, separated by a peak known as the 'head.' QTUM's journey showcases the emergence of this pattern, signifying a potential trend reversal. The Mechanics: Breaking Down the Dragon The first low of the Dragon represents a substantial price drop, often driven by market sentiment. Following this, a rally occurs, forming the 'head' of the Dragon, as traders regain confidence. The second low creates the 'tail' of the Dragon, often dipping below the first low but not significantly. The pattern's completion typically signifies a transition from a bearish trend to a bullish one. The Dragon's Roar: Bullish Potential The Dragon pattern is perceived as a powerful bullish signal by traders. Its formation indicates a shift in sentiment, potentially leading to an upward trend. QTUM's embrace of this pattern suggests an exciting opportunity for traders and investors. Conclusion: Seizing the Dragon's Potential As QTUM unfolds the Dragon pattern, traders and enthusiasts have the chance to explore this intriguing setup. Recognizing the mechanics of the pattern and understanding its significance can empower traders to make informed decisions. While the crypto market remains dynamic and unpredictable, decoding patterns like the Dragon can be a valuable tool. Remember to employ sound risk management practices, stay informed, and be part of the thriving crypto community. See related ideas below❗ Feel free to like, share, and leave your thoughts in the comments. 💚🚀💚
Long
by Yaroslav_Krasko
QTUM roadmap (12H TF)Considering the overlap of the waves and their time-consuming nature, it is clear that QTUM is in corrective waves. By counting the waves and paying attention to the waves, we seem to be in a double hybrid correction. The second part is the correction of a diamond diametric, it seems that we are now in the F wave of this diametric. After the completion of this wave, I expect a correction to the specified range. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
QTUMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for QTUMUSDT As you can see, the price is below a resistance line which has been attempted to be broken multiple times but has not been able to do so. Currently, we have two scenarios in mind. Scenario one: If the price is unable to establish itself above the resistance line, we expect it to take a brief rest and then move downwards towards its support line. Scenario two: But we expect the price to be able to move above the resistance line and eventually move towards its Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals
Bullish Divergence on MACD - QTUMUSDT May See 9% Price IncreaseQTUMUSDT has recently shown a promising bullish divergence on the MACD, and after testing the bottom of the descending channel, it has broken above the downtrend trendline. This is a strong indication of short-term bullish momentum, and we could see a potential 9% price increase from the most recent support. However, we must remain cautious as the recent low still poses a threat. If it gets taken out, bears will gain control and we may see a downtrend continuation.
Long
by MyCryptoParadise
The key is whether it can rise above 3.283 around March 29thHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (QTUMBTC 1W chart) The key is whether it can rise above 0.0001 825 to 0.0002 373. ------------------------------------------- (QTUMUSDT chart) In order to continue the upward trend from a long-term perspective, it must rise above 5.529. To do so, we need to see if we can sustain the price by moving above 3.283. That way there is a chance of getting out of the bottom section. if it goes down, 1st: 2.823 2nd: 2.222 You need to check if it is supported in the vicinity of the 1st and 2nd order. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
2