QNTUSDT trade ideas
QNT/USDT Break Alert !! Ready to Continue the Upward Moment ??💎 QNT has certainly captured our attention with its impressive rally, ascending from a robust support level and effortlessly navigating through the descending channel pattern. However, confirmation of this breakout remains pending, and we advise monitoring higher timeframes, such as the daily chart, to guard against a potential false breakout.
💎 Should QNT secure a position above the descending channel on a daily closing basis, it would signify a legitimate breakout, Probabilty setting the stage for continued advances toward targeted resistance and even further to the supply zones.
💎 Conversely, if QNT fails to uphold its position and closes beneath the descending channel pattern in the daily timeframe, it would indicate a rejection, raising the likelihood of a regression to the demand zone, specifically the $100 - $96 range. This retreat would be a strategic move to gather renewed strength for another attempt at breaking through.
💎 A less favorable development could occur if QNT while retesting the demand zone, fails to show signs of a bullish rejection or resurgence. Under these circumstances, QNT might forfeit its stance at the demand level, potentially breaking lower. Such a turn of events would signal a downward trajectory for QNT, prompting a reevaluation at the formidable support levels below.
QNT lost trend short to 80-87 range H&S on weekly Not financial advice
Trade plan moving forward
Short to 78-87 level
We have a clear head and shoulders setup on QNT and I highlighted the trendline from the recent low of 40.00
We are currently trading under that trendline. And applying fib retracement from top to local bottom we have a .786 fib target of around 80.00.
This also lines up with the bottom of the shoulders for head and shoulders.
Saying all that holding the 78-87 level will be key long term if that level is lost my next targets will be between 26-33.00
The RSI is indecision area and shows a substantial correction in store.
Remember
#PIK
Patience is Key
#TLAW
Think Like A Whale
Quant $QNT in a falling WedgeQuant GPW:QNT is at a point of decision!
Price Action in currently printing a massive falling wedge on the 3DAY timeframe
Current Price: 85.7
#Qnt's price action can continue going lower to hit supports: 70.5, 53.6
Or Price action can reverse for higher prices: 99.6, 117.7, 134.2, 147.8, 167.4, 189.2
🔥 QNT Bearish Triangle Break Out: Great Short?QNT has been trading inside a bearish triangle pattern since September last year. With the most recent break out below the bottom support area, bears are more likely to step into a bearish bet.
I'm waiting for the price to make a new local low, a daily close below 89.9 will do the trick. We don't want to be trading a fake out!
Target at the 2022 lows.
QNT/USDT what next bearish or bullish?? 👀Quant Today Analysis💎 Paradisers, let's turn our attention to QNTUSDT, which is currently forming a descending triangle and appears poised for a downward breakdown👀
💎 Upon deep analysis, we find that the Point of Control (POC) in the volume profile is acting as a resistance level at 103.9. High volume at this point suggests increased selling pressure. If the price of #QNT fails to break below the $90 support level, a retest of this resistance is likely.
💎 Additionally, there's a Fair Value Gap (FVG) and inefficiency below. Should the current support level of $90 break, we can expect the price of #Quant to mitigate to that level and potentially initiate a bullish continuation from there.
💎 Both scenarios are plausible, so if you're planning to trade, it's advisable to wait for a clear setup.
Keep your charts updated and Stay one step ahead of the market 🌴
Bought the QNT bottom hereHello Traders,
As you can see on the chart, a giant double bottom, and we can see a small triple bottom inside it.
Just bought some here and expecting a quick 5-10% recovery soon. IF it dips more, I'll add more.
Please hit the boost button and follow me for more ideas.
Thanks.
Quant (QNT) to $260On the above weekly chart price action has corrected 50% since the sell signal (not shown) on October 17th 2022 at the apex of ascending symmetrical triangle. A number of reasons now exist to be bullish, including:
1) A strong buy signal (not shown).
2) The weekly Dragonfly DOJI candle. One of best found so far in recent months.
3) Stochastic RSI crossing up 20 (red circles). Look left.
Is it possible price action alls further? Sure
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Don’t know.
Return: $260
#QNTOn HTF as most alts the coin is bearish
On LTF we can expect 2 ways:
1. The coin breaks below 96.4$ at least with 4 H candle, in this case the way to 78.4$ opens
2. The coin bounces from current price level or 96.4$, breaks through resistance line (blue line) in this case it can bounce till 115$ where it may reject
QNT UPDATE 2 To start with we've got a daily chart attempt to go all the way to the top of this ascending channel with a TP of around $125
At the same time, there is a chance for a weekly chart break out. The base line (thick red) was acting as a resistance on a weekly but it looks like we can get a close above it ($107.7). It's difficult to stay realistic and pointing to such high TP's needs to be taken with a grain of salt but knowing QNT price action I think it's possible for this token to perform really well and just go up endlessly. I'm holding it hoping for a big swing. In the same time I'll watch it closely and maybe take some profits on the way up.
IDEA for QNT tradeReason for entry - Intraday pattern performed at 4 h using the Camarilla pivots method. Entry - only if the price goes above 102.5$ and is retested during the week - of 14 - 21 Aug 23
If there is an obvious uptrend in the market, it's possible to take entry 2 at 100.6$ if it is only a correction wave.
SL - 99.1$
Target - RR 2 - 109.9$
FIB - daily, above 0.7; filled Order block at 96-98 price action zone.
Conservative TP - take % profit at the next strong OB - up to 108.5$; move SL to entry.
For SPOT and the long term - don't take profits. Passionately wait for the Bulmarket
Good luck. Although luck is not a strategy :)