QNTUSD trade ideas
QNT to 2025QNT General idea on the run up. FIrst run up to retest the break of structure the midpoint of the drop zone. to pullback for consolidation and build a run up towards the end of 2024 for the 2025 bull run . What the March halving will do we should see where it sits. Just an idea dont take it to heart just enjoy it and watch it from the start
Quant: TrampolineWhoever thinks trampolining was just for children has clearly never tried it properly! It’s not only an Olympic discipline but also a tough workout for back, bottom and legs! Quant is just giving it a shot by pushing itself off the support at $85.93, aiming for the upper blue zone between $236.77 and $294.39, where it should finish wave (iii) in blue. There is a 40% chance, though, that Quant must take a detour through the lower blue zone between $86.77 and $50.69 first before rising effectively.
Quant testing the top trendline of the 1day symmetrical triangleWe can see that priceaction is currently attempting to both test the top trendline of the symmetrical triangle (in chartreuse) as well as trying to climb back above the 1 day 50ma(in orange). If price action can flip the 1 day 50ma back to solidified support then it can validate the bullish breakout from this symmetrical triangle. The breakout target from that symmetrical triangle will take price action far above this white line which is actually the neckline of an even bigger inverse head and shoulders pattern. If we are to hit 100% of the breakout target for the triangle ($165), this will greatly increase the probability of it also triggering the breakout of the inverse head and shoulders pattern as well which can send it considerably higher afterwards($224). Of course for now the 1 day 50ma is still resistance so we want to see a couple daily candle closes above that and any confirmation candles after that that retest it, testing it as strong support. Flipping tat 1day 50ma back to strong support will also confirm that the golden cross that recently happened will be sustained instead of flipping back into a deathcross and confirming a golden cross fake out. *not financial advice*
QNT I created this drop wedge setup for QNT after the trend reversal from that double top. When it fails to make the final leg in an elliot wave usually comes into an accumulation zone which is usually formed in a cup formation for the double top retrace . So far since first drop is following thru. Expect lower highs it may not touch the top of wedge. But with this chart you can see when it is breaking the trend for a reversal warning. This is just my personal notes not to be taken to heart. But as a guideline
$QNT - Current Entry Zone$QNT is currently sitting on a strong support around $112, but could test a stronger support level down at the $106 area. Obviously this would be the best level for taking a position, but also dont want to miss an entry at the current S/R level. Im going to enter pending the next 1HR candle close (possibly longer depending on volume). Recent highs have tested resistance at $132 but could not push through. $QNT may range in this zone for awhile as it has over the past few months. This opens up potential for scalps and short time frame S/L positions. (Note: This is not financial advise)
$QNT - Key Levels and Other Info$QNT is finally moving. Crypto Twitter is buzzed about supply shortages but I haven't verified, although I know that there never was a large amount available to begin with. This could push price up if this trend continues. In this post there is nothing fancy. Just showing two big S/R levels to be aware of. After $150...sky is the limit. And by sky I mean ATH's. This, of course, is dependent on the market overall. Even if BTC/ETH continue sideways in consolidation QNT should still move. Be aware of RSI as it is approaching oversold area. This may cause a temporary correction or a support test. Which is healthy. Later.
Quant: Climber 🧗♂️Quant has continued to climb upwards, even making up for some countermovement. Now, the altcoin should press on to reach the upper orange zone between $132.40 and $169.81, where it should complete wave (i) in blue. Afterwards, we expect Quant to start a noticeable countermovement, thus dropping into the blue zone between $90.07 and $51.44. This could provide a new opportunity for market entry, as the altcoin should rise again after finishing wave (ii) in blue. So, no need to worry about missed chances!
QNT +10% gain target detectedQNT displays a solid triangle pattern with a high probability target that's good for over 10% gains. In the previous wave down, I detected very high bullish momentum. The lengthy buildup of the triangle tells me that the wave up has that much more momentum than the other coins. This coin has sufficient energy in this down wave for the price to break through the top of the triangle.
Looks dubious for QNT.A descending series of symmetrical triangles. Don't be surprised to see QNT visit the recent low of ~83.
I'd like to get a buy-and-hold on QNT when BTC bottoms out, but where will that be -- 30k? 25k? 20k? Lower?
A swing long on QNT is in the cards for me if BTC is at support when/if QNT hits 83-ish.