QNT’s Next Move: Breaking Down Key Wave 3 Indicators
QNT is showing signs of Wave 2 completion after a retracement to the 0.786 fib level, which aligns with a successful retest of the previous resistance line. With a bullish MACD crossover, the setup points toward the potential start of Wave 3, targeting the 1.618 fib extension of Wave 1 (~$837). Staying cautious, but the technicals suggest a strong move could be on the horizon if momentum continues.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.