QNT/USDT Elliott Wave count DailyQuant price rejection into 0.5 fib retracement of the last move to the downside, that may signal an end of the B wave.
Price may go to the downside with first strong support at the 0.618 fib extension zone where also we have 0.764 fib retracement of the first abc (black count).
If we claim back above 0.382 (price 145.2) fib retracement than we may continue to the upside and still has this chance for this move to the upside (blue abc) to be an impulse(red count). The chance will go if the price will break below red line (125.8) and we may see an acceleration of the price to the downside from this level.
QNTUSDT trade ideas
QNT/USDT Elliott Wave count 1H TFThose are my watching levels for Quant.
If we break below 147 than we may have a leading diagonal for an Wave A or 1 and if we break above 158 than we may have an WXY correction instead of a leading diagonal and the price will go up for a 3rd wave.
I think at this moment price is into no man`s land so better stay outside the market.
QNTUSD: Daily VCPVCP: 21W 59/7 4T
The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books.
RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
Quant ABC to POCAfter a sustained rise, a small bearish divergence seems to be on the rise to bring some cooling down.
This along with the ABC I have in there could bring the price to the current point of control (taken over the major uptrend).
In case the Bulls have a taste for it and push through to break the resistance line of the triangle of the bigger picture it is important to gain that level to set their sights on the #ATH.
Note if a level like $94.3 is broken then a new Low will be made which will be a bearish signal and may result in a decline towards the $63 ~ $7
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QNT update - we do best TAQNT crypto is the native token of the project, which lives on the Ethereum blockchain. This guide explains what Quant is, how it works, and how it could change the way data, information, and assets move across the digital financial ecosystem. Quant's native token, QNT crypto, provides access to various services and apps on the Quant platform
QNT Geometric Alignment and Symmetry QNT is at a point in it's life that makes it a good candidate for some geometry and alignment trends. These trends only represent a path and levels the price may take. You can build confidence in the levels and trends as the chart develops or trash it if the trends become clearly invalid.
QNT : AT BREAKOUT POINTSince most markets are stable, QNT shows a trend where it's able to break out if it confirms the next view on the chart.
The point we did add is an important volume point and the same time a breakout point.
It's interesting to see if QNT is able to gain the breakout point.
At this moment QNT is still not at the point of breakout.
BarendsCrypto #Best #QNT TAQuant 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.