Price: 2.483 | EMA7: 2.21 | EMA25: 2.52 | RSI14: 49.13 | Resistance: 6.3 | Support: 1.571 | Average Volume: 7524738.46 | Volume Trend: Decreasing
Based on the provided technical indicators for QTUMUSDT over a one-week period:
1. Best Long Entry Price (considering a mix between EMAs and RSI): Wait for a pullback when the price touches the EMA25 (2.5204448320043) and RSI moves above 50. Then, enter long positions when the price retraces back below the EMA25 but stays above EMA7 and stays above the oversold area on RSI (around 30).
2. Best Short Entry Price: Wait for the MACD histogram to cross below the zero line (indicating a bearish crossover) while the price is below both EMAs (2.211166544544 and 2.5204448320043) to enter short positions.
1. Best Spot Buy Price (considering RSI and EMAs): Wait for the price to move above both EMAs (EMA25 and EMA7) while the RSI stays above 50 and oversold area of the RSI (around 30). This indicates a potential bottom and a buy opportunity.
Please note that these suggestions assume a conservative trading approach. Risk management should be considered when implementing these trades. Traders might choose different entry points based on their risk tolerance and trading style.