Technical analysis is not looking promising on QNT currently. The extreme increase it has seen recently in price during a period of the market being extremely weak and the hype around it makes me believe it is the number one contender for a big dump imo. QNT has reached the end of an Elliott impulse wave and has just established an AB of the counter trend wave. I believe the green line drawn is very unlikely but left it there as bullish of bullish scenario. I believe that considering the weak market i am seeing in crypto currently and the fact that QNT has pumped to crazy levels makes QNT a ticking time bomb in my eyes. I recommend if you are in QNT as a mid term investment to take profits especially if you got in late. Hope this helps some people.
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