Distributed
nice short opportunitythe abcde pattern on the peak is an obvious sign of slide. it could drop to $5 sharply.
harmonic analysiscrab, cypher and shark scenarios:
if 3-4=0.61 X-3=$0.00187
crab targets:
0.38 3-4=$0.004
0.88 3-4=$0.01
cypher and shark targets:
1.13 3-4=$0.0176
1.41 3-4=$0.03
1.6 3-4=$0.045
butterfly scenario:
if 3-4=0.78 X-3=$0.001
0.38 3-4=$0.0028
0.88 3-4=$0.01
Quant looking extremely strong for the long termQNT has the strongest chart vs out there. It has been in a massive range of about 600% up and 85% down with massive chop since October/November of 2018. Eventually this is going to lead into some massive expansion although the USD chart doesn't look perfect. Currently QNT is sitting fairly close to its ATH, it has tested these highs several times and the mid point of accumulation broke to the upside a few weeks ago. Then that mid point which was also resistance for some time got retested and the price bounced hard.
Quant started going up a little bit before the big dropped happened as it got added on Coinbase Custody. Quant so far has been listed on very few exchanges and most of them pretty small. Kucoin and Gate added it more recently and before that the biggest one was Bittrex which has been dropping in the ranks of exchanges. However with the addition on Coinbase custody it is definitely a candidate to be listed on some pretty large exchanges as it is a serious project that has been out there for years and has some good fundamentals. Just a few listings could make it jump much higher. Vs USD I don't know how well would it be able to do, but against BTC it looks very strong and I don't believe it is anywhere near its top.
Below I have some really nice charts where you can see how strong and potentially early it is for this coin.
s3.tradingview.com
s3.tradingview.com
s3.tradingview.com
s3.tradingview.com
shark or cypher reversal AB=0.61 XA
after it lost $101 the crab harmonic pattern has eliminated.
shark and cypher:
BC=1.13 AB=$76
cypher:
BC=1.41 AB=$64
shark:
BC=1.6 AB=$53
targets with $76 reversal assumption:
tp1=0.78 BC=$177
tp2=0.88 XA=$293
tp3=1.13 XA=$404
tp4=1.6 BC=$437
tp5=2 BC=$659
tp6=2.24 BC=$855