QTUMUSDT is testing daily resistance 🦐IF $QTUM.X will flip resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
QTUMUSDT.P trade ideas
#19 - QTUM/USDTTrade opened today @3.30.
5 previous closed cryptotrades :
#12 : ZEC/USDT : 1st half position return : + 12.11 %.
2nd half position return : +0.12 %.
#13 : IOTA/USDT : 1st half position return : + 28.74 %.
2nd half position return : + 5.43 %.
#14 : GVT/BTC : 1st half position return : + 25.4 %.
2nd half position return : flat.
#16 : TRX/USDT : Position return : flat.
#18 : ATOM/USDT : Position return : - 14.62 %.
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QTUMUSDT - Inverse head and shoulders trend reversal pattern 🔼Analysis 🔎: QTUMUSDT is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the right shoulder support level.
is qtum wanna dive down?we have head and shoulders pattern in the chart also bearish convergence in MACD
if price goes below $2.63( H&S base line) we expecting a feedback to the same line and after that price should go all the way down to the target($1.533)
we have a weak buying signal from ichimoku but seems it's gonna fail
at the end everything is up to BTC moves