QNTUSDT trade ideas
SWING TRADE - QNTUSDT - LONG POSITIONPAIR: QNTUSDT
Price Is Resting On 0.236 Fib Level(Price: 183.5), It Is A Good Potential Buy Zone. At The Same Time Price Is Touching 20ema And Rsi Is Above 50 In 45mint Time Frame. Level 182.6 Has Shown A Good Support From 18th August.
Entry: 183.0 To 184
Stop: 176
Take Profits:
Tp1: 190
Tp2: 192.5
Tp3: 195
QNT// Round 2 (Update)Late post as I had a daily post limit
After having a huge impulse move hitting the final target. Price has retraced into a falling wedge . Similar to the initial move, bearish in nature, however it is a bullish accumulation as the volume in candles drops as it nears the bottom of the wedge .
Currently on the 1H we have a wedge forming and holding decent support at the 61% zone. This area could be a good place to add bids. This area would be a zone that was broken and is now a R/S flip.
One thing to keep in mind is that when BTC is pumping, QNT tends to consolidate a bit, and such is the opposite in a BTC pullback. After the recent wedge break to the upside on BTC , its only right price pulls back a bit. If we get this pullback on BTC its likely QNT will break this wedge and we have another leg up.
Both biases are shown however, Im already in longs and added during this small range we are in.
Previous analysis linked.
QUANT VS BITCOINEnglish lord Quant doesn't take bitcoin as seriously as everyone else. As with anything, the English should of course make a difference. In the graph we see that this is also the case for more than half of the period. We also see in the chart that Quant gives buying opportunities for a long time during the correction periods. This is great for long-term investors. The degree of correction also gives confidence. With its 12 million maximum supply of Quants and the projects, I see Quant worth as much as Bitcoin itself in 3 years.
Now it's time to take a moment and enjoy that many of us haven't discovered the Quant :)
Simple quant predictionSecond hozirontal green arrow is how far the period of consodilation will go on for.
At around 20th Aug we should see quant try to break previous resistance, in being able to do so, it has the potential to go as high as almost 300USD.
Otherhwise, It might go as low as 70$, this will create superb buying opportunity.
Descending triangle in Quant* Quant in 4H time frame forms a Descending triangle pattern, with the above trend-line as it's resistance and the support near $145.
* The Descending triangle is considered to be either bullish or bearish.
* If the price breaks either side of the pattern we can see healthy move.
Quant is in a big run!Quant is a very good project with good fundamentals. Quant is pumping quite nicely and heading higher, but i think some correction is incoming. I think a healthy 60 percent correction is incoming because of the pattern. But after some correction i would buy some Quant. We also formed a double top which indicates a healthy drop to the area of 100 to 80 dollars.
qntusdtThe ascending mark was representing a take out profit for short interval while awaiting for another retest of the nearest resistance.
In other case this can be seen as great chance for a possible entry.
Always set stop loss in every position.
-Use risk management and be ready for all scenarios
-Don't forget likes and follow for more ideas and signals
-Best of wishes ✔🙏
quant trial for technical analysis idk manthis is for quant. it might go up. ot might go down. following the impulse rightnow... i drew some lines on my computer and i think that it will soon continue its its impulse to the $250 mark and then retracesignificantly. this is just for educational purposes