QNT | Getting Ready for Massive Breakout..!!
#QNT (update)
Consolidating in Descending Channel from last 4-Months..
So far Looks Bullish & If Channel Broken Upside, Expecting 2x Bullish Wave in Coming Days.
Send it to $400..!!
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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QNTUSD
QNTUSDT Strong rise but no break-out yet confirmed.Quant is on a very strong 1D rise today, the strongest since November 09 2021. Even though this is the 4th straight green 1D candle, the restoration of the bullish trend long-term can't yet be confirmed. As you see the price has been trading within a Channel Down since the September 11 2021 market top. The 1D MA50 (blue trend-line) has been acting as Resistance since November 15. Even though the MACD made a Bullish Cross, this rise is just a rebound pricing the new Lower High within the Channel, as were all previous MACD Bullish Crosses since October 16.
The condition to fulfil in order to confirm a bullish break-out and resume of the bullish trend long-term is for the 1D RSI to break above its 57.850 Resistance, which has been holding since September 23 2021. A break above it, should see QNTUSDT break above the 1D MA50 as well and target the top of the Channel Down to roughly 210.00 - 220.00, while a break above it, sets in motion the next Fibonacci extensions (1.5 and 2.0). At the same time a break below the bottom of the Channel Down, should target the -0.5 Fibonacci extension.
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QNT on verge of a breakout? short term bullishkey indicators are very bullish today on QNT ,Look for it to break out of its current tgrading sideway pattern 3 straight candles on the four hour charts,would say break out is iminent soon.If BTC keeps is upwards posture we could see break towards technical targets of 175-200 range then hit rejection an bounce back down to moving averages. Keep an eye open today for this to happen.If not then a reversal is still possible to a double bottom around $150-157 price action.?
QNT back in the buy zone!Some positive news during rainy days... QNT is my favorite alt and it dropped more than 60% off its ATH and is now back at support from which it previously rallied 20 to 30%. I loaded up and I anticipate a retrace of at least 10%, not bad if you appreciate the little things in life. I don't expect more pain for the coming days as there's an imbalance in all charts that favors at least some short term upside. Nothing is a given though, we need to keep an eye on the stock markets and BTC / ETH.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Market Update - Big Green Day! Will the trend continue?In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
Market Update - My Top 10 Favorite Altcoin Setups for Today!In this video:
* We discuss some new great signs and indicators in the crypto space indicating that the bulls will run soon
* I pick some of my favorite altcoins today, all with beautiful setups
* I challenge you to pick the (4) four best cryptos from this list from which I have chosen. If you pick the four that I picked, you will win a month of free subscription at stewdam.us
Best of luck traders. Stay safe out there. And Happy Holidays to you all!
#Quant #QNT at huge volume profile level - a coin with scarcityQuant at huge volume profile level - a coin with scarcity.
Hard to guess the direction in short-term... the ascending trendline may break the more often it is tested.
For a (re-)entry into the market a confirmed breakout of the red price trendline should at least be waited for.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or a coin-comparison.
*no financial advice
do your own research before investing
QNT: a 150% breakout against BTC!Quant Network has had very bad months, since the beginning of september it has been dumping. Surprisingly so because it is the most fundamental solid projects in crypto for interoperability. This might also been the reason for the dump because whale addresses have been stacking QNT while the price was dumping. Quant has over 400 institutional clients, most of them are hidden behind a NDA - for competitive reasons - some dont have a NDA, such as one of the biggest software companies in the world; Oracle. Quant also works with governments and central banks on CBDC's in the USA, South America, Europe and the UK.
This project doesn't have any hype and this is the reason it didn't moon like others, even though it 3x from where I bought it in July. This is a long term gem though and could proces billions of transaction value every day while using the scarce token (12.8m) for gateways and fees. In my humble opinion its a must have and I didnt sell a single QNT on the way down. Now, we are about to break against BTC, for a 180% pump against Bitcoin.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.