QTUM - QTUM/BTC - Weekly - Technical analysis published on 08/25/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.000285 BTC
My targets
0.000353 BTC (+10.91%)
0.000567 BTC (+78.40%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for QTUM - QTUM/BTC as long as the price remains well above 0.000285 BTC. The buyers” bullish objective is set at 0.000353 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000567 BTC. If there is any crossing, the next objective would be the resistance located at 0.000706 BTC.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4
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This analysis was given by Mangart. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QTUM - QTUM/BTC price is 0.000318 BTC. The price is up +13.17% over 5 days with the lowest point at 0.000301 BTC and the highest point at 0.000463 BTC. The deviation from the price is +5.65% for the low point and -31.32% for the high point.0.000301
0.000463
0.000318
Here is a more detailed summary of the historical variations registered by QTUM - QTUM/BTC:
Technical
Technical analysis of this Weekly chart of QTUM - QTUM/BTC indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Weekly
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.000285 | 0.000318 | 0.000706 | 0.001625 | 0.002443 |
| Change (%) | -10.38% | - | +122.01% | +411.01% | +668.24% |
| Change | -0.000033 | - | +0.000388 | +0.001307 | +0.002125 |
| Level | 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 | 0.000278 | 0.000300 | 0.000312 | 0.000334 | 0.000346 | 0.000368 | 0.000380 |
| Camarilla | 0.000316 | 0.000319 | 0.000322 | 0.000325 | 0.000328 | 0.000331 | 0.000334 |
| Woodie | 0.000274 | 0.000298 | 0.000308 | 0.000332 | 0.000342 | 0.000366 | 0.000376 |
| Fibonacci | 0.000300 | 0.000313 | 0.000321 | 0.000334 | 0.000347 | 0.000355 | 0.000368 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000042 | 0.000147 | 0.000252 | 0.000357 | 0.000462 | 0.000567 | 0.000672 |
| Camarilla | 0.000298 | 0.000318 | 0.000337 | 0.000356 | 0.000375 | 0.000395 | 0.000414 |
| Woodie | 0.000041 | 0.000147 | 0.000251 | 0.000357 | 0.000461 | 0.000567 | 0.000671 |
| Fibonacci | 0.000147 | 0.000228 | 0.000277 | 0.000357 | 0.000438 | 0.000487 | 0.000567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000080 | 0.000128 | 0.000171 | 0.000219 | 0.000262 | 0.000310 | 0.000353 |
| Camarilla | 0.000188 | 0.000196 | 0.000205 | 0.000213 | 0.000221 | 0.000230 | 0.000238 |
| Woodie | 0.000077 | 0.000127 | 0.000168 | 0.000218 | 0.000259 | 0.000309 | 0.000350 |
| Fibonacci | 0.000128 | 0.000163 | 0.000185 | 0.000219 | 0.000254 | 0.000276 | 0.000310 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.61 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 31.270157 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.000256 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000200 | |
| Elder Ray (13): | 0.000089 | |
| Super Trend (3,10): | 0.000201 | |
| Zig ZAG (10): | 0.000322 | |
| VORTEX (21): | 1.1539 | |
| Stochastique (14,3,5): | 69.12 | |
| TEMA (21): | 0.000291 | |
| Williams %R (14): | -48.12 | |
| Chande Momentum Oscillator (20): | 0.000131 | |
| Repulse (5,40,3): | 3.6843 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1515 | |
| Courbe Coppock: | 100.20 |
| MA7: | 0.000328 | |
| MA20: | 0.000278 | |
| MA50: | 0.000252 | |
| MA100: | 0.000217 | |
| MAexp7: | 0.000279 | |
| MAexp20: | 0.000239 | |
| MAexp50: | 0.000271 | |
| MAexp100: | 0.000448 | |
| Price / MA7: | -3.05% | |
| Price / MA20: | +14.39% | |
| Price / MA50: | +26.19% | |
| Price / MA100: | +46.54% | |
| Price / MAexp7: | +13.98% | |
| Price / MAexp20: | +33.05% | |
| Price / MAexp50: | +17.34% | |
| Price / MAexp100: | -29.02% |
Quotes :
2020-08-25 15:42:50
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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