Most Oversold Altcoins Right Now. Play the Dead Cat Bounce?In this video:
* We take a look at some of my favorite oversold altcoins
* We chart some levels
#WLUNA (2:30)
#QNT (3:19)
#AVAX (3:37)
#SHIBA (4:30)
#BitcoinBounceConfirmation (5:00-6:00)
#ENJ (6:14)
#SOL (6:53)
#ADA (8:18)
#JASMY (8:46)
#BLZ (10:30)
#OMG (12:00)
#FIL (14:00)
#OXT (14:55)
#STORJ (15:15)
#XLM (16:00)
#BNT (16:30)
#DOT (17:00)
#BCH (17:52)
#GRT (18:25)
QNT
QNT has continued to follow BTC lead in price action declinesLead indicators are still bullish for this project an will continiue on short term 24-48 hours choppy action downward.The trading houses are closed for weekend an retail holds the fort .
Look to a price dip an retest the 82-85 an a push down on 4 hour to around 95 should see good buy opportunities again today as BTC is almost done on its correction.
this is healthy correction before we see reversal this bodes well for continuation of BTC bull run season,before moving on with ALT coin season this effect could extend out another 4-6 weeks.
QNT back in the buy zone!Some positive news during rainy days... QNT is my favorite alt and it dropped more than 60% off its ATH and is now back at support from which it previously rallied 20 to 30%. I loaded up and I anticipate a retrace of at least 10%, not bad if you appreciate the little things in life. I don't expect more pain for the coming days as there's an imbalance in all charts that favors at least some short term upside. Nothing is a given though, we need to keep an eye on the stock markets and BTC / ETH.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
💡Don't miss the great buy opportunity in QNTBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.004546
TP2= @ 0.004897
TP3= @ 0.005235
TP4= @ 0.005583
TP5= @ 0.005847
SL= Break below S2
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💡Don't miss the great buy opportunity in QNTBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.004546
TP2= @ 0.004897
TP3= @ 0.005235
TP4= @ 0.005583
TP5= @ 0.005847
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#Quant #QNT at huge volume profile level - a coin with scarcityQuant at huge volume profile level - a coin with scarcity.
Hard to guess the direction in short-term... the ascending trendline may break the more often it is tested.
For a (re-)entry into the market a confirmed breakout of the red price trendline should at least be waited for.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or a coin-comparison.
*no financial advice
do your own research before investing
Correction is over: time to buy!Market wide correction is over! I expect a bit of sideways action of Bitcoin for the next few days and possible one more wick to the downside before blasting of to 70K+. I'm shopping altcoins and bagged up with:
LOW cap:
Benqi (QI): 2 to 10x potential (defi on AVAX)
Ultra (UOS): 2 to 10x potential (metaverse / gaming)
MID cap:
Quant (QNT): 2 to 8x potential (interoperability for institutional adoption of crypto / CBDC)
Loopring (LRC): 2 to 5x potential (layer 2 / trading)
HIGH cap:
Fantom (FTM): 2 to 3x potential (infrastructure)
Algorand (ALGO): 2 to 3x potential (infrastructure)
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.