QNT
QNT refill 7pocketmissed a few trades; going to have to revise alarms on TV .
if QNT is still retaining price discovery among the small amount of holders; then possible refill zone would bethis 7 pocket; otherwise i wonder if it will have to distribute and accumulate along $200 prices such as the length of ETH in past times.
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Sep 5
Comment: currently watching some invalidation levels and key moving averages
Quant QNTUSDT BINANCE Falling wedge but.. Last time a Descending Broadening Wedge which broke out but after the breakout the volume was nowhere to be seen, in fact the volume even decreased/decreased and almost falls into a slight falling wedge.
Zooming out on the chart I come across something that looks like 3 mountains (HH - HH - LH).
In general, 3 of those mountains are mostly Bearish and keep an eye on the bottom if the Bears want to push the price even more, I will keep the $300 as next support for the time being. But if the Bulls check current support closely, there's a good chance they'll be eager to hit the $420 mark. we are nearing a next APEX (where lines cross again) could be a point of momentum.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
QNT Iin rangeQNT bouncing between support and resistance, we just want to see which one will break first, for upside move confirmation, we should also see a break of this descending trendline. Until that some short-term 6% up 6% down trades, if it's not too boring...Set alarms because this could take some time... Good luck
QNT parallel channel/MFI divergence 2hThe price has reached bottom of this channel. MFI bullish divergence visible on 2h timeframe.
Entry: buy 356.1 (current price)
TP1: 383.8
TP2: 413.6
TP3: 425.7
TP4: 458.4 (~30%)
TP5: OPEN++
Suggested SL:
336.3 (~6%) -- half of position size
then rest
manual sell if needed
All given values are approximate.
Remember about risk management, especially that BTC has been quite volatile lately.
QNT: did you buy? (+200% achieved!)A follow up on my previous analyses on Quant (QNT) which became one of my favorite projects in crypto because of the importance of interoperability, its token economics and its team / network. I made a full analysis on August 6th explaining why I am mega bullish on this coin (link below) and now just over a month later we more than doubled in USD and ETH and about a 4x in BTC. There is a lot more upside for QNT in the coming months with 675 USD (+77%) being the next bullish target for the ones who have patience.
The question remains, did you buy?
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Crypto bearish?! No, everything is fine!After a nice and long summer holiday I'm back for you all to help you out here and there to understand what is going on in the crypto markets. We have seen 7 consecutive green weeks and thus its time for a correction. Should you panic!? No.
Market maker vs. leverage and stop losses
The total crypto market (altcoin market displayed above) is looking very bullish regardless of the fast correction from this week. Traders have been stacking longs with high leverage and high profits and of course at some point its time for the market maker to bag his profit . Each time these fast corrections happen the same emotion is triggered: fear. With exchanges running low on ETH supplies and in general having sold truckloads of any coin, its is normal the market maker needs to bag up again. Fear is the perfect instrument for that together with a solid algorithm that hunts liquidations and stop losses. I haven't checked how many bulls got rekt on this dump but I bet there would be hundreds of millions of liquidations and that is free crypto for the market maker, which thanks you yet again for not taking profits or going long at a local high. Now, after a quick look on tradingview, it looks like most retail is going short right now, which is again a lovely deal for the market maker. Why?
TOTAL2 to 2 trillion
Well I expect a bullish reversal on Monday with the weekend providing choppy action. We could see some more downside to get rid of weak hands and in general provide some more liquidity to the market maker's longs. Yes he went long all the down from the previous highs back in April / May and he's building longs as we speak. I expect Monday or latest Wednesday for the market to reverse to the upside unless there is big news that prevents a bullish scenario. On the bigger timeframe we could be seeing something like a cup and handle forming although this is far from confirmed but it is a pattern I am looking out for. I do expect altcoins to smash their previous total cap and head for the 2tn mark. From there we can re evaluate, for now there isn't much to do in this market; I suggest you have a nice weekend and come back on Sunday night. :)
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
MORE INFO: have a look at my previous analysis on why trends always reverse for further reference.
QNT - Fundamentals analysisQuant is an Ethereum token, the operating system distributed ledger technology and Overledger Network is used for connecting different blockchain networks. The project is billed as the first OS to be built for blockchains. Quant has different layers for transactions, messaging, filtering and ordering, and an application for sharing and referencing identical messages related to other applications.
Limited circulating supply of coins - $12 million.
On the chart, we chopped around the $320 to 365 area for couple weeks and finally broke out. I see support at $370 and holding long.
Have a great wknd!
QNT/USDT Not at the Mercy of BTC Part 2I am updating my part 1 of QNT/USDT from a couple hours ago. It looks like QNT has reached the 2.618 but still remains bullish. It looks like it may continue to go up further as time goes by. The first analysis saw a bullish pennant indicating a bullish continuation. The yellow line is how far the price is willing to move based on the shape of the bullish pennant. The red line below the triangle is 1.618 if it breaks support.
QNT/USDT Not at the Mercy of BTC?I am looking at the 1 hour time frame for QNT/USDT. It looks like a bullish pennant and if it breaks the the top side, we can expect a small bounce back to the top of the triangle for support and continuation to the upside as long as the entire market remains bullish.
The yellow line is the length of which how far the price can move forward once it breaks resistance. The red line below the triangle is the 1.618 target after it breaks support to the downside. A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move
QNTUSDT🌟lets explain some info for those who seeks some learning instead of whole free signal idea
🌟look carefully to all those shadows in the highlighted area in the chart, if you have some basic information from price action and candle sticks, you will understand that in this area due to the "must dump" situation in follow of BTC domination, the chart should collapse and lose a lot of value but instead the chart tends to lose less and make it in a shadow form of a candle, so what would be the analyze of this small observatory point? this means the investors are not related to whales (yet) in this chart and the retail investors are in the front seat of this coin
🌟so why do we enter position when as your team quotes "its not whale related and these things" we don't have this coin on their watchlist so we don't going to have a huge money injection!?
the answer is easy, whales are not going to have it on their watchlist till it stables as a chart with their factors (which this coin is almost passed all of them and soon is valid for becoming a whales watchlist coin) after that we will observe the follow of the chart to be like all the other coins with similar correlation ratio and what did we expect from them to do as the controller of the alt coins? yes injection of money
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🔥 QNT Price Discovery: Sky Is The LimitQNT is one of the more recent coins that has been released on Binance. It's also one of the few coins which has been performing exceptionally well since its introduction on Binance.
As of today, QNT has broken out of the rising channel pattern in which it has been trading, launching the token into price discovery mode. Some crazy things can happen over the next couple of things. Manage your risk accordingly.
My main target area is the area around $330, which is based at the 2.618 Fibonacci extension.
Be aware that there's a chance for QNT to re-test the area between $260 -$230 again, which is the area around the top trend line of the bullish channel.
Happy trading!