QNT D1(Review) Quant Network is a technology company from the United Kingdom that specializes in providing interoperable solutions connecting multiple protocols, blockchains or other distributed networks. It offers a suite of services and products including Overledger OS, an operating system with distributed ledger technology, and Overledger Network, a decentralized “network of networks” that brings together various DLT ecosystems.
Quant's Overledger Network was officially launched in June 2020. The platform uses the QNT utility token (an ERC-20 token issued on the Ethereum blockchain) to verify transactions, pay network fees, and reward members who provide services to users.
Now this cryptocurrency has bounced off a strong support level and is starting to gain a bullish trend! Considering the planned projects of this cryptocurrency. We will be able to see new peaks in the near future!
QNTUSDT trade ideas
QNT/USDTHello Traders,
QNT has just recover from its corrective move lately and already on a reversal. Its jumped out from a descending channel and turned major resistance at $186.7 into major support. MAs supported and based on Elliot Wave Theory QNT seems to about moving on its 3rd wave. A decent pump is expected. Lets see how QNT goes.
Buy: $180-$205
TP1: $249
TP2: $287
TP3: $344
QNT Crypto Price Struggles To Give A Positive BreakoutQNT coin price weekly technical chart suggests a consolidated trend in the price for upcoming weeks. On coming to the daily chart, QUANT price is struggling to give a major breakout. The upside potential momentum of the coin might see a setback near $200.The downside momentum of the coin can see a bounceback near $150. There is a strong consolidation zone formed in the asset which is pushing the price to a new low. The asset price can also see strong momentum and can push it to a new high in the future. QNT/BTC pair might also observe similar gains in the upcoming days.
QNT 5 wave theory QNT seems to have finished up its 2nd corrective wave, not beginning its third wave although there might be some consolidation for a while. I expect the third wave coming up to be an extension wave although it might not be, will adjust if that happens and make the fifth wave the extension wave. Very promising project used widely by major corporations, namely visa.
The MFI also seems to have a 3D bullish div. We just need to see the momentum start to tick up and we can have something amazing in our hands.
absolute steal, expect monster move anytime nowwe are in the golden pocket of accumulation zone.
I believe QNT IS THE MOST UNDERVALUED coin due private institutional ownership and lack of PR.
All recent news about Oracle/Central Banks/Banks deals and contracts will lead to absolute explosion of this crypto.
i would not be surprised to see 10,000 by end of the year, yes you heard me right =)
QNTUSDT QNTUSDI have pending limit orders in that Daily and weekly orderblock. This is where all the momentum came from. Price made itself inefficient with creating that Daily and Weekly orderblock and now price almost made itself efficient again with filling up orders in that orderblock and from there we should see price breaking supply on lower timeframes and therefore creating demand.
QNT Looking primed for a bullish moveQuant looking primed for a bullish move into a possible breakout. Bearish trend line has Been tagged 4 times with a near on 5th just falling shy. Surely This time we could see a break.
Multiple bullish factors shown her on the 10hr chart but also lower time frame charts looking primed.
3 candles highlighted show a clear arm wrestle between buyers and sellers and the bears failed to break to a new low.
Structure seems to have formed and held and can be view as a double/triple bottom or 3 drives as seen in the chart.
4hr showing a MACD cross over and RSI is showing a 48 on the daily which is a nice level to try and catch trend change.
Zooming out on the monthly its looking like a big bull flag.
Also the hourly chart has broken and retested the 200ma - Bullish till were not.
Thoughts and opinions welcome :)
Tight stops and happy trading.
I AM NOT A FINANCIAL ADVISOR AND THIS SHOULD NOT BE TAKEN AS FINICIAL ADVICE.
DO YOUR OWN RESEARCH AND MAKE YOUR OWN TRADING DECISIONS.