QUANT, scalping heaven turning liability and vice versaUntil recently, Quant, trading pair $QNTUSDT was a scalping heaven with a very predictable chart that allowed easy scalping trades while moving against Bitcoin's trend.
All until Bitcoin started side trading movements which completely destabilised Quant, and completely blocked traders funds for more than 48 hours until it started moving again, unfortunately in a downtrend that increased losses even more.
Now, QNT started to proceed back into an uptrend after its major pump up from ~95 price area.
If Bitcoin continues its uptrend with minor dips, we can see QNT to regain its scalping spot with a trend against BTC. However, it is advisable scalping traders apply extra vigilance as QNT can switch to sideways trading for more than 48 hours.
Quant
🎯 HISTORICAL EDGE - MORE TO DROPHey guys!
Todays Historical edge comes from an interesting pattern.
📈 The Pattern: SPX closes down over 2% and above 5day low, but yesterday it closed at 5day high.
We backtested and saw strong edge.
⬇️ ⬇️ RESULT ⬇️ ⬇️
📍 Edge: 🔴 Bearish
🔄 Occurrence since 1990: 25x (frequent)
🏔 Highest edge: 4days later
🎲 Probability of bullish move: 28% - aka this suggest a bearish move over the next 4days.
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 Daily Outlook$qnt #qnt nice H4 close. Here is the daily outlook with fib extension levels that line up nicely with the support that was lost at .236.
Potential paths from here after strong LTF close.
Also worth noting, Daily tag of MA20 and SuperTrend.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
🎯 HISTORICAL EDGE - VIX helping the BULLS 🐂👋 Hey team!
Today we see that the VIX 🌊 made a dramatic reversal after closing more than 10% below its 10D MA 👇
Why is this special? Because a few days ago we were above it by more than 10% 👆
We reviewed when has this happened in the past (since 1993 to be exact)🧪.
⬇️ ⬇️ ⬇️ RESULTS ⬇️ ⬇️ ⬇️
This type of event has occurred 40x since 1993 and we see strong historical edge 8️⃣ days later with a batting average of 77.5% to the upside! 📈
We also see that 90% of these times we have closed above the closing price of SPX on the day it occurred (31JAN in our case) at some point next week!
🎯 HISTORICAL EDGE - 🎾 BOUNCE?Today was interesting day since a few things have triggered:
✅. Yesterday we gapped up
✅. Today we closed at a 10d low
✅. Today we closed under 200MA
✅. Today we closed at 25% of the Daily Close Range (shame)
🦄. Some additional technical magic filters
We tested the times this has happened...since 1993📆 !
We saw a relatively bullish move. The 2DAY move on the spy has been bullish nearly 83% of time🟢 . This type of setup has occurred 1️⃣8️⃣x!
Average move up has been about 3% over a 2day period, which is positive🟢 .
However, if we do not observe strong bounce, probabilities stack strongly to the downside, so observe and evaluate 🔴 .
However, as our members hear me repeat over and over again patience is the name of the game!
Trade safe
🎯 HISTORICAL EDGE – RARE ANIMAL 🦖👋 HOLA team!
A very rare system has triggered in our studies. This is a 7️⃣ day higher close for the VIX.
We backtested the system since the initiation of the SPY (Only 11x, super rare 💎 ). What we see is that....(drum roll 🥁)
the 3 days move has yielded 100% bullish move. This is quite a tell. Average bullish move has been 1.7% for 3 days. 🟢
However, given the abnormal behaviour of this market, caution is advised.
If you like this idea and want similar like this click on the link below. ⬇️
#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
Ethereum ETH Ready for its climb to $10K yet?As one the Internet Currency's top quant, Willy Woo understands we have a problem. Wall Street has painted Main Street in the corner again with toxic derivatives manipulating World Fair Trade.
Fortunately, unlike poor gold or silver investors, TRUE Bitcoin and Ethereum holders, have the ability to check the blockchain to check and verify, on their own, the total world inventory of available coins. cryptoquant.com
Unfortunately in the US, Regulators protect the banks first and investor second. So they allow toxic derivatives based BS ETF that is unbacked to real Ethereum or Bitcoin. In Canada, some real ETH based funds appear to be backed 1-1 with the real thing. That's an honest Ethereum Fund/ETF. The US stuff is fraud supported by the US SEC. Not a World trusted organization, at least for those of us that understands who pays them.
So Short the shit from WallStreet unless you are stuck with your crashing 401k and trapped. My trust is behind:
1. Satoshi Math and proven crypto: 2008 Bitcoin , a "teen" ready to teach world financiers honesty and truth.
2. Ethereum - THE backbone of New World Finances. Let innovation led.
Hopefully, if everyone focussed on good and truth, we can, each one of us, head in the right direction. Towards truth and fairness to all fellow human beings.
2022 will reign in a whole new world economic system pegged on Bitcoin. The World Leaders need to ban all derivative based trading on BItcoin. Let the interconnected neutral World Exchanges run a true market based on a fix and verifiable asset class. Top quality crypto: Bitcoin and Ethereum
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.