QNT 1D technical analysis Quant technical analysis. After making a new ATH we can see now that we are stuck in a range. The current support at $260 is holding well. I expect a strong bullish close out of the range to the push back into the $415 region. If support failed $180 would be back on the cards
QNTUSDT trade ideas
QNT bouncing off MA 500 on and bull flag triangleLet's point out the obvious - are you seeing a pattern?
It's stuck in a parallel channel as highlighted by the black box it's in.
Every time it touches the bottom, it goes up to ~$310.
We are touching the bottom again, and if three time wasn't the charm, now's the 4th time. However what's so special this time?
We have the MA 500 acting as very strong support, and you can clearly see it on the chart. This is dark purple line forming. This indicates a lot of selling pressure is subsiding, and buying will start from here on out.
What is an additional bullish formation here? The resistance line is part of a steeper bullish triangle, and it is just getting super squeezed at the end of this triangle. We have a large triangle right above it, but I'm expecting a move to $320 coming again.
TP levels highlighted on the chart.
Stop loss at 250.
Quant price target for Q4 2021Quant Network price targets for 2021 Q4
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Another Ranger (QNT)Quant Ranging between 260 and 330ish.
Looks like selling pressure is strong, but the range keeps making higher highs, indicating that its ready to break out?
Fib tool normally only used for ranging, but a quick look shows that the range's HL has entered the golden range.
Theory: If HL can range above golden range, will it break out to the upside? I have no clue.
RSI has stayed very close to 50 along with the ranging...seems indecisive but not sure.
QNT one of the most underrated projects in the marketQuant is an extremely fundamentally sound project that connects various ledgers and blockchains together using overledger. Multiple patents that guarantee no competition. Been in this since it was in the $30 dollar range, currently a few bucks under $300 and this thing is going MUCH higher. Good entry at anytime, but in terms of technicals, expecting a MAJOR push up once we break this price squeeze.
- Price will push to previous ATH
- Test it
- Then expecting a break thru and push past 1.0 fib level up to the 1.618 level with minor retracement and profit taking on the way up
*THIS THING IS A GEM*
qnt/usdtTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
We are either completing the ABC wave or working towards the 5th eillot wave. There's two separate wave count that is possible and since the 5th wave looks more possible due to the chart looking kinda weird for an ABC wave, but this is crypto lol anything goes. I will update after whichever one plays out.
QNT/USDT-4H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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