Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00012). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. QTUM/BTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Midterm forecast:
While the price is above the support 0.00006278 , beginning of uptrend is expected.
We make sure when the resistance at 0.00015500 breaks.
If the support at 0.00006278 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.00012217 on...
QTUM/BTC
Looks Good, add near 3150
SL 2675
Target 4100 - 4600
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If get a chance to add near retracement It will give a good move. Resistance near 3400
A regular reversal pattern in play . Just obseve the chart for better explaination .
Buy - 598 to 613 sats
Target 1 - 655 sats
Target 2- 708 sats
Target 3 - depends on BTC price action/volatility
Stop loss - 582 sats
Always play safe.
QTUM Holding the Support Area
Qtum Has Ready to break the Down channel pattern
Already touch the meanwhile Buttom.
Qtum is also Consolidating the price.
EMA & SMMA is very near to cross still not Crossover completed.
If Qtum break the Bullish line then we Assume some trend Changing in price.
i have mantion 5 Target Its totally depend on BTC market
if...
