QTUM: A Complex Correction Nearing the End

in bitcoin •  7 years ago 

SUMMARY

QTUM is an model Altcoin with regards to corrections that just takes a very long time! I'm certain that many might have thought the initial red wxy was the probable end of the correction but given the nature of Altcoins to drage their feet, this sideways price movement was well extended. I've labeled it as WXYXZ triple combination with the Z as a triangle candidate.

However, IF Bitcoin does a lower low, the whole Cryptosphere will follow and so lowering the Z as shown below makes it the next alternate count. The blue abc of Z would extended as well.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Congrats on 20000 followers...I think a good indication on the Bullish world of Crypto is how fast your followers are increasing...when I started following you, you had around 1500 :)

Thanks!

Your meme is making the lives of the singles difficult by ten folds. :)

QTUM HOT!

Thanks for the info Haejin,
I am ladder down buying QTUM @ $14 / $10 / $7

Thanks for the info. This is one to watch.

going back to 80 dollars soon

I agree, get it while you can at this price

Thanks. I'll be watching this to see how it plays out.

QTUM TO THE MOON~~~~

With QTUM having a satellite in space to enhance security and making data "unhackable" and also being from China, I can see QTUM going to the moon after this correction!

Great post!
Please take a look at my blogs, if you are interested in Eco-Friendly mining.
Great coins with huge potential. And finally some coins that do make some profit.
Remember this is medium to long range. Feel free to join our community.

Much love viking333.

Thanks man good stuff!

@haejin

man you at-least show support to those who upvote you by up voting the them also , i think if did that guys would stop bothering you.

exactly! I wouldn't say it better...

I don't understand why you'd expect this. I thought upvotes were for original content, not quid pro quo.

Good analysis, very technical and slightly... ok way over my head... I believe in Qtum greatly and like to bring awareness to them from all angles, from the programming, market dynamics, and ultimately to their end application. Also I really enjoy the links. Nice work on your STEEM platform, plenty of beers from this post!

I always drop by before work to see if you gained more haters, means youre doing something right

Dang

Thanks for the important information. It is much appreciated

But why Bitcoin reall going lower when it is just now that i am beginning to pick interest. Well every currency falls from time to time whether fiat or crypto.

thank for giving us always a recap about bitcoin.

YOu should keep doing anlaysis. Everyone likes it. You are making complicated staff easy to understand by the alanysis.

Stellar

va ser apasionante......

i always appreciate your posts. Great content and so much quality information that helps me structure my own personal research. Thanks!

Amazing QTUM.....thanks bro.
I have upvote dan follow. Please

Thank you, sir. i appreciate your efforts. i'm learning from your analysis.

Qtum is surely my pick of a good investment in cryptocurrency. Qtum pushes the Bitcoin and ethereum blockchains to the next level. Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Qtum merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts.

Designed with stability, modularity and interoperability in mind, Qtum is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind PoS consensus protocol, allow Qtum applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.

I'm definitely following after this write up. Amazing post. Thanks

Great post, great content. Thanks for sharing, definitely about possible moonshot that could do a 10x or more. Check out my blog for other possible moonshots.

https://steemit.com/@altcoinmoonshot

Great analysis...

YOu should keep doing anlaysis. Everyone likes it. You are making complicated staff easy to understand by the alanysis.

Qtum tambien tiene un gran potencial, esperemos a ver donde nos lleva el año. No desesperar

haejin, have you ever been pessimistic (I mean realistic) about future of any coin in any time? !? :-D I don't think so...

very good information, thanks