On the weekly timeframe, the QNT/USDT trading pair has formed a triangle pattern. This pattern typically indicates a period of consolidation and often precedes a significant price movement. Traders and investors are currently awaiting a breakout from this pattern. If the breakout is successful, it is anticipated that the price of QNT will experience a substantial increase.
Considering the technical analysis, there is a bullish sentiment regarding this breakout. In the event of a successful breakout from the triangle pattern, there is a strong possibility that the price of QNT could soar. It is speculated that a bullish move of 100-200% could potentially occur once the price breaks out of this triangle pattern.
It should be noted that this analysis is purely based on technical indicators and speculation. It is crucial for individuals interested in trading QNT/USDT to conduct their own research (DYOR) and not solely rely on this information for making financial decisions.