QNT analysis
QNT showed good growth for the last months (400%) but against the backdrop of FTX scam, it showed the same weakness as other coins.
When we gave the last forecast, it was a local peak on QNT with large volumes that we played down, which indicates the distribution of large players.
Now we are holding on to MA 200, if it is broken, we expect it to fall into the $40-60 demand zone. This scenario seems most likely now due to the negative market.
Cancellation of this scenario may be fixing above MA 100
When we gave the last forecast, it was a local peak on QNT with large volumes that we played down, which indicates the distribution of large players.
Now we are holding on to MA 200, if it is broken, we expect it to fall into the $40-60 demand zone. This scenario seems most likely now due to the negative market.
Cancellation of this scenario may be fixing above MA 100
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