QNTUSDT trade ideas
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
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Potential Bull Flag on Quant (QNT)Potential bull flag on QNT. Measured move is the length of the flag pole which gives a target of the previous high. Price has found support on both the long term trend as well as the centre line of the descending channel. A break above the point of control (red line) will signal a bullish breakout of the pattern. Just an idea. Let me know what you think :)
🔥 QNT Triangle Break OutAs of yesterday, QNT has broken out of a long period of consolidation. During this period, QNT has lost almost 40% of its value.
I was initially waiting for a re-test of the upper trend line of the triangle, but it seems that investors are pushing the price further up without a re-test.
Assuming that Bitcoin will remain relatively bullish, I'm looking at a $350 target in the coming few days. Potentially $385 in the next week if bullish sentiment remains.
Happy trading!