QNTUSDT trade ideas
🟢 QNTUSDT - 1H (20.11.2022)🟢 QNT USDT
TF: 1H
Side: Long
SL: 5%
TP 1: $118.73
TP 2: $120.31
TP 3: $122.56
It's looking so strong it will take that middle resistance out and test the stronger resistance at the top.
Nice bull flag forming and support this support zone has been holding well.
MACD and RSI look ready to go too.
🔥 QNT Parallel Channel: Bullish Trend ContinuedQNT has been one of the best performing alts of the last several months. However, it as a big sell-off during the whole FTX fiasco.
For now, I think that QNT has likely bottomed after reversing from the bottom support of the parallel channel. Seeing that most of the previously good performing alts are seeing good gains, I think that QNT will soon see an influx of buyers.
Just to be sure, I'm keeping my targets relatively close. See blue lines.
QNTUSDT(Quant) Daily tf Range Updated till 15-11-22QNTUSDT(Quant) Daily timeframe range. the chart here is very simple and clean. yet there are not much of data to it. but got more options for price discovery. it do have a decent retail interest and quality holders. it did helped it on the price action. without market makers devs do play big role as it got room for improvement.
QNT MUST BUYThis is the best chart out there right now.
Inverted H&S with clear confirmation.
Crypto dump hasn't ended though, so maybe the price will be able to go a bit further down, but who knows maybe it will hold 100~110.
Anyway this coin remains a very bullish coin with gigantic upside potential.
QNT UpdateI believe that QNT would have bounced off the bottom of the channel and continued its steady upward trend had it not been for the black swan event of the FTX collapse. But given that it did break through the bottom of the channel and then showed a strong V-shaped rebound immediately after, tells me there's likely enough money interested in QNT that a return to ATL (40ish) is unlikely. QNT has spent a lot of time in the highlighted range. It is my opinion that the lowest prices we see will be around the 90 support. Currently, QNT is holding around the 140 support. If it makes a significant break below, I believe we will then range between 90 and 140 as we did from January to May and July to October of this year. If we see a strong bounce off of 140 support, I will expect movement toward the 200 resistance. I believe a strong bounce is possible given that QNT did not nuke downward and is more-or-less holding its downward wedge formation. All of this is, of course, barring any other major disruptive events in the market or additional fallout from the FTX situation.
QNT seems to go up
Hi all,
QNT has had a correction of 30% after a rally of 150% starting from September.
The prices are now at an interesting level:
Strong support EMA 50D
Strong demand area
As seen in chart, there are two possibilities A and B. In my opinion, if BTC and the market don't fall sharply (because of FTX issue or macros for e.g), QNT has a good chance to have a third leg up (since June).
In any case, be careful with FTX news this week.
Cheers!
🔥 QNT Elliot Waves: Last Bullish Leg Coming?Over the last couple of weeks I've made several bullish QNT analyses, which all started by the discovery of an inverted Head & Shoulders pattern.
Since the QNT top around $225 around two weeks ago, we've been trading bearish. In my view, the market just needs to give the RSI some rest after it hitting severely overbought levels around 85 points.
I'm expecting the higher-low (4) to be between now and $130, which is the previous top (1). A move below $130 would invalidate this Elliot Waves analysis.
Determining where the 5th leg will top is difficult. For now I'm eyeballing the area between $250 - $300. Keep in mind that we've got a FOMC meeting tonight, so volatility is expected.
QNT - Bullish Head & Shoulders This is a textbook play - head and shoulders. Upon the break from the neck line, we can see a massive rise. However, the first major resistance is actually very close to the $173. I've highlighted all the major resistance zones according to the chart and FIB.
Not a time to open a trade just yet, need to wait for it to pass $162 and stay there for a day
QNT is near a critical point - Shorting temporarilyWe are touching the head and shoulders neckline at $162 highlighted in black.
The good:
- RSI on the daily is showing oversold signs, so price should start bouncing back up.
- There is an exaggerated divergence pattern between RSI and Price
- Momentum is still
The bad '
- The price is coming close to the support which is at $162 as well.
- Volume for sell off is not very concerning but still a little bit.
- There is a weak bearish candlestick pattern forming on the daily /weekly.
- If the price goes below the support zones around $160, then the next target is easily $130-$135.
So please set your stop losses.
It can be shorted TEMPORARILY because I mentioned in the previous ideas that this is near the first TAKE PROFIT zone. This was around $173. I will share the link below. You can see how all my charts have played out exactly the way I said it would.
Chart 1:
Chart 2:
QNT IN WYCKOFF:
QNTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for QNTUSDT
There are R2 and R1 as our resistance areas that include the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas which contain the support of the price at several points. Hence, we have the price fluctuating over R1 and we believe it would fall down to S2 and here it should give us some rising signs and then we are able to predict a rise toward higher amounts such as R1. It may be clear that if the price moves below S2, more decline is waiting for it. Even it is possible for the price to move over R1 and by fixing itself over there, it will experience more increase up to R2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck