QTUM - QTUM/BTC

- BTC (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	QTUMBTC
ISIN:

QTUM - QTUM/BTC - Daily - Technical analysis published on 06/16/2020 (GMT)

310
0
Who voted?
1

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 0.000204 BTC

My targets

0.000157 BTC (-12.29%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.000204 BTC remains possible. It is advisable to trade QTUM - QTUM/BTC with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.000204 BTC. The next bearish objective for sellers is set at 0.000157 BTC. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.000204 BTC we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

FORCE

4.8

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The QTUM - QTUM/BTC price is 0.000179 BTC. The price has increased by +1.13% since the last closing with the lowest point at 0.000177 BTC and the highest point at 0.000179 BTC. The deviation from the price is +1.13% for the low point and 0% for the high point.

0.000177

0.000179

Here is a more detailed summary of the historical variations registered by QTUM - QTUM/BTC:

Technical

Technical analysis of this Daily chart of QTUM - QTUM/BTC indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000157	0.000178	0.000179	0.000219	0.000256	0.000292
Change (%)	-12.29%	-0.56%	-	+22.35%	+43.02%	+63.13%
Change	-0.000022	-0.000001	-	+0.000040	+0.000077	+0.000113
Level	Minor	Major	-	Intermediate	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000161	0.000168	0.000172	0.000179	0.000183	0.000190	0.000194
Camarilla	0.000174	0.000175	0.000176	0.000177	0.000178	0.000179	0.000180
Woodie	0.000161	0.000167	0.000172	0.000178	0.000183	0.000189	0.000194
Fibonacci	0.000168	0.000172	0.000175	0.000179	0.000183	0.000186	0.000190

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000163	0.000172	0.000180	0.000189	0.000197	0.000206	0.000214
Camarilla	0.000183	0.000185	0.000186	0.000188	0.000190	0.000191	0.000193
Woodie	0.000163	0.000172	0.000180	0.000189	0.000197	0.000206	0.000214
Fibonacci	0.000172	0.000179	0.000183	0.000189	0.000196	0.000200	0.000206

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000114	0.000134	0.000159	0.000179	0.000204	0.000224	0.000249
Camarilla	0.000173	0.000177	0.000181	0.000185	0.000189	0.000193	0.000197
Woodie	0.000118	0.000135	0.000163	0.000180	0.000208	0.000225	0.000253
Fibonacci	0.000134	0.000151	0.000162	0.000179	0.000196	0.000207	0.000224

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	45.63
MACD (12,26,9):	0.0000
Directional Movement:	5.634968
AROON (14):	-28.571427
DEMA (21):	0.000184
Parabolic SAR (0,02-0,02-0,2):	0.000198
Elder Ray (13):	-0.000005
Super Trend (3,10):	0.000165
Zig ZAG (10):	0.000178
VORTEX (21):	0.9821
Stochastique (14,3,5):	18.52
TEMA (21):	0.000185
Williams %R (14):	-83.33
Chande Momentum Oscillator (20):	-0.000009
Repulse (5,40,3):	-3.9182
ROCnROLL:	2
TRIX (15,9):	0.2037
Courbe Coppock:	2.29

MA7:	0.000183
MA20:	0.000185
MA50:	0.000177
MA100:	0.000189
MAexp7:	0.000182
MAexp20:	0.000183
MAexp50:	0.000183
MAexp100:	0.000191
Price / MA7:	-2.19%
Price / MA20:	-3.24%
Price / MA50:	+1.13%
Price / MA100:	-5.29%
Price / MAexp7:	-1.65%
Price / MAexp20:	-2.19%
Price / MAexp50:	-2.19%
Price / MAexp100:	-6.28%

Quotes : 2020-06-16 14:17:57 - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15275

Number of analyses :

85729

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…