QTUM - QTUM/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	QTUMUSD
ISIN:

QTUM - QTUM/USD - 1H - Technical analysis published on 05/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 3.70 USD

My targets

3.82 USD (+1.06%)

3.97 USD (+5.03%)

My analysis

The basic bullish trend is very strong on QTUM - QTUM/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 3.70 USD. Crossing the first resistance at 3.82 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 3.97 USD as an objective. Crossing it would then enable buyers to target 4.09 USD. Caution, a return to below 3.70 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

4.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The QTUM - QTUM/USD rating is 3.78 USD. The price registered an increase of +1.34% on the session and was between 3.71 USD and 3.78 USD. This implies that the price is at +1.89% from its lowest and at 0% from its highest.

3.71

3.78

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this 1H chart of QTUM - QTUM/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.34	3.53	3.70	3.78	3.82	3.97	4.09
Change (%)	-11.64%	-6.61%	-2.12%	-	+1.06%	+5.03%	+8.20%
Change	-0.44	-0.25	-0.08	-	+0.04	+0.19	+0.31
Level	Minor	Major	Major	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.52	3.61	3.67	3.76	3.82	3.91	3.97
Camarilla	3.69	3.70	3.72	3.73	3.74	3.76	3.77
Woodie	3.51	3.60	3.66	3.75	3.81	3.90	3.96
Fibonacci	3.61	3.67	3.70	3.76	3.82	3.85	3.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.48	2.91	3.32	3.75	4.16	4.59	5.00
Camarilla	3.50	3.58	3.65	3.73	3.81	3.88	3.96
Woodie	2.47	2.91	3.31	3.75	4.15	4.59	4.99
Fibonacci	2.91	3.23	3.43	3.75	4.07	4.27	4.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.45	1.93	2.80	4.28	5.15	6.63	7.50
Camarilla	3.03	3.25	3.47	3.68	3.90	4.11	4.33
Woodie	0.16	1.78	2.51	4.13	4.86	6.48	7.21
Fibonacci	1.93	2.82	3.38	4.28	5.17	5.73	6.63

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	52.55
MACD (12,26,9):	0.0100
Directional Movement:	13.11
AROON (14):	-57.14
DEMA (21):	3.75
Parabolic SAR (0,02-0,02-0,2):	3.82
Elder Ray (13):	0.01
Super Trend (3,10):	3.63
Zig ZAG (10):	3.73
VORTEX (21):	1.0300
Stochastique (14,3,5):	20.00
TEMA (21):	3.74
Williams %R (14):	-73.33
Chande Momentum Oscillator (20):	-0.03
Repulse (5,40,3):	-1.2500
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	0.84

MA7:	3.73
MA20:	3.96
MA50:	4.27
MA100:	3.97
MAexp7:	3.74
MAexp20:	3.74
MAexp50:	3.70
MAexp100:	3.70
Price / MA7:	+1.34%
Price / MA20:	-4.55%
Price / MA50:	-11.48%
Price / MA100:	-4.79%
Price / MAexp7:	+1.07%
Price / MAexp20:	+1.07%
Price / MAexp50:	+2.16%
Price / MAexp100:	+2.16%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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