Quant

Quant’s big green candle today coincides w/ its goldencross

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Just like so may other alt coins around the market, Quant exploded upward on the day of its golden cross as well. There’s a slight chance t could pull back from here in which cae then it could possibly form a right shoulder of a potential inverse head and shoulders and give people a chance to enter in lower before the next leg up, or it could just keep pumping right through this current tan colored resistance line and continue up to the purple neckline of it’s massive double bottom pattern. Ether way whenever it flips that purple line to solidified support,the breakout target can send Quant all the way back up to its old all time high, likely making a new all time high in the process. Looking forward to seeing where this one goes. *not financial advice*
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Here is a zoomed n look to get. Better view of the golden cross:
A zoomed in look at the golden cross on Quant
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It seems like Quant has decided to keep pumping instead forming a shoulder here, it fortunately it is still breaking upward fro a symmetrical triangle pattern which will still propel price up above that purple double bottom neckline. Here is the triangle in question shown here:
Quant on the rise after goldencross helps confirm triangle break
In this one I have the double bottom colored in blue and have a bottom trendline as well so the double bottom could be not just a double botto but a channel as well should it find resistance for a few candles upon initially testing the double bottom neckline.
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Here is a view of the potential right shoulder now in play:
Qnt forming right shoulder on invh&s while retsting channel ttl

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