QNT
QNT/USDT Break Alert !! Ready to Continue the Upward Moment ??💎 QNT has certainly captured our attention with its impressive rally, ascending from a robust support level and effortlessly navigating through the descending channel pattern. However, confirmation of this breakout remains pending, and we advise monitoring higher timeframes, such as the daily chart, to guard against a potential false breakout.
💎 Should QNT secure a position above the descending channel on a daily closing basis, it would signify a legitimate breakout, Probabilty setting the stage for continued advances toward targeted resistance and even further to the supply zones.
💎 Conversely, if QNT fails to uphold its position and closes beneath the descending channel pattern in the daily timeframe, it would indicate a rejection, raising the likelihood of a regression to the demand zone, specifically the $100 - $96 range. This retreat would be a strategic move to gather renewed strength for another attempt at breaking through.
💎 A less favorable development could occur if QNT while retesting the demand zone, fails to show signs of a bullish rejection or resurgence. Under these circumstances, QNT might forfeit its stance at the demand level, potentially breaking lower. Such a turn of events would signal a downward trajectory for QNT, prompting a reevaluation at the formidable support levels below.
🔥 QNT Bearish Triangle Break Out: Great Short?QNT has been trading inside a bearish triangle pattern since September last year. With the most recent break out below the bottom support area, bears are more likely to step into a bearish bet.
I'm waiting for the price to make a new local low, a daily close below 89.9 will do the trick. We don't want to be trading a fake out!
Target at the 2022 lows.
QNT/USDT what next bearish or bullish?? 👀Quant Today Analysis💎 Paradisers, let's turn our attention to QNTUSDT, which is currently forming a descending triangle and appears poised for a downward breakdown👀
💎 Upon deep analysis, we find that the Point of Control (POC) in the volume profile is acting as a resistance level at 103.9. High volume at this point suggests increased selling pressure. If the price of #QNT fails to break below the $90 support level, a retest of this resistance is likely.
💎 Additionally, there's a Fair Value Gap (FVG) and inefficiency below. Should the current support level of $90 break, we can expect the price of #Quant to mitigate to that level and potentially initiate a bullish continuation from there.
💎 Both scenarios are plausible, so if you're planning to trade, it's advisable to wait for a clear setup.
Keep your charts updated and Stay one step ahead of the market 🌴
QNT: Descending Triangle BreakoutQuant (QNT) technical analysis:
Trade Setup : Bullish breakout from Descending Triangle, which could see the price revisit 200-day Moving Average (minor resistance level ~ $118). If it breaks above that ($118), then that would confirm trend reversal, with upside potential to $130.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $100, then $87. The nearest Resistance Zone is $130 (previous support), then $160, and $225.
Range-Bound Trend and Support Break PossibilityQNT is currently experiencing a range-bound trend, fluctuating between a support level of $99 and a resistance level of $117. Following a recent significant upward movement in daily candlestick time, the currency's price retraced to the $100 support level to test the initial support from the beginning of that movement. As a result, there is still demand in this area. However, the drop has been substantial, raising the possibility of a breakthrough of this critical support level. The limited transaction volume indicates the continuation of the range-bound trend within this range. If the support level is breached, there is potential for the price to further decline towards the $69-73 support range. This support level is considered a strong demand zone, and we can anticipate favorable price growth from this point.
Regarding the RSI level of 43, it signifies the Relative Strength Index (RSI) value for QNT. The RSI is a technical indicator that measures the strength and momentum of a security's price movement. A value of 43 indicates that the RSI is in the neutral zone, suggesting that the price may not be overbought or oversold at the moment.
Prolonged Movement Above Static Range and Potential BreakoutOver the course of approximately 300 days, the QNTUSDT price has consistently surpassed the significant static range, but not without encountering multiple instances of resistance, each resulting in a smaller upward movement compared to previous occurrences. However, there is a possibility that it could eventually break out of this range. If such a breakout is confirmed, the specific levels indicate potential downward targets for the price.
Quant explosive breakout opportunity awaits!👀qnt today analysis💎At present, QNT is entangled in a triangle pattern, positioning itself near a potential breakout point as the price range narrows towards a convergence point. This breakout suggests an imminent shift in market sentiment and a likely increase in price volatility.
💎QNT shows a significant surge in volume. The presence of high volume during this phase indicates substantial price movement.
💎 The buying liquidity for QNT involves assessing the level of demand suggests a higher likelihood of upward price movement.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
QNT Quant Cryptocurrency Buy AreaQNT Quant is not a bad project, but still not a buy for me!
In my opinion, QNT (Quant) crypto appears to address a significant challenge in the blockchain space by focusing on bridging disparate blockchains. The ability to create multi-chain applications or mApps using Quant seems promising, as it enables enhanced usability and communication between different blockchain networks. This is particularly crucial in the cryptocurrency landscape, where interoperability and seamless connectivity among various projects and platforms can greatly benefit the industry as a whole. By facilitating cross-blockchain communication, Quant has the potential to unlock new possibilities for developers and users, fostering innovation and efficiency within the decentralized ecosystem.
I have a large buy area in which I'm willing to average down if it`s the case: $41 - $71.
looking forward to read your opinion about it.
QNT ANALYSIS (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the QNT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The Quant Monster :) Quant Network GPW:QNT
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Many have said it's a 4 digit coin (left side of the decimal) and I have a good feeling their right and come next bull run it'll more than likely do very well. What I have noticed is it doesn't like to move much unless Bitcoin is moving sure many are the same of course but some are even more so and QNT seems to be that case so, lets see if Bitcoin can get to moving :)
Daily chart MACD impulse line has crossed the signal line (highlighted below) along with trading above the MA. Just could use more volume to kick things off perhaps :) will see soon enough some have priced next gains between 240 - 320 not bad at all perhaps it'll happen today but time will tell soon enough.
Keep an eye on $QNT/USDTJust breakout on daily timeframe. If it continues and retest the OB Point after the retest, then might be start flying!!!
Stay updated.
Kindly wait for retest of the structure and target region marked
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