QNT
QNT GETTING READY FOR NEXT YEARCurrently, I am seeing bullish divergences on QNT/ETH and QNT/BTC charts, project is very promising and there should be really nice updates in Q1 2021.
The first bigger picture target would be about 23-24 USD following the channel plus it's also near the 1,618fib level from the previous USD high.
QNT Breaking Out?My Fellow Crypto Traders,
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QNT developing a bullish rising wedge structure. @ this levels could be a good entry position if upward trend holds and we see a continuation to the upside with QNT making higher lows.
QNT Entering The Buy Zone (Macro)My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
QNT formed a double-top, and currently undergoing a correction. Stoch is below 60, thus in a bearish trend. Therefore, potential upside gains after the 9EMA cross to the downside. As ETH enters a solid region of resistance, lower cap Alts should enter a bullish cycle.
*Note: I'm not a financial advisor, nor is this financial advice, but I am forsure BTFD w/ QNT.
QUANT exactly mimicking LINK after breaking wedge in Oct 2018Quant has broken out of the Massive Yellow wedge and forming an ascending triangle. This is exactly the pattern Chainlink had in the week of 20 October 2018.
This company has outstanding FA being featured on Real Vision a month ago. Also Quant was awarded the Gartner Cool Vendor award in 2019, Chainlink in 2017.
Link exactly followed this pattern since the bottom. Breaking the yellow wedge, flipping it and pursuing to test the all time highs within the ascending wedge range. Hereafter correcting 40% (not retesting yellow wedge)
The massive Cup and Handle pattern which form the highs is a classic ICO pattern that has to be broken before continuing in the next phase. Link is one phase (2 years) ahead of Quant.
Very open to idea's and comments
Quant potential Running WedgeQNT/BTC is currently in a rising wedge formation with the 200-day MA as support.
Two breakouts have occurred above the wedge which were news-related, can be seen as noise. The last one making a new local-high was the RealVision interview with the CEO.
Where the price is in respect of the 200-day moving average will indicate the trend.
QUANT - powerful set up !QUANT is an important piece of the new Financial System in terms of INEROPERABILITY !
Here is what their internet site says about them:
"Quant Network delivers interoperability of private DLTs and public blockchains across hundreds of banks and financial institutions."
QUANT has been a very good performer during the bear market and has vastly outperformed Bitcoin most of the time !
Which cryptocurrency project can say this besides LINK and QUANT ?
from 12 million marketcap in 2018 to 120 million marketcap in 2020.
LINK has already exploded in 2020. QUANT is still to explode !
Thinks are lining up nicely.
There is a large inverse H&S pattern forming - ok it is not perfect - however I can see it. Can you ?
OBV is ticking up nicely in stair steps !
Volume is picking up and is soon to make a breakout !
Price is right velow the neckline of the inverse H&S formation.
I am taking a position in QNT and lool for a 5x in the short to medium term.
Not financial advice but it is what I am doing.
Breakout ! Finally !!This move has been largely anticipated ... but took a long time to materialize !!
It is finally happening !
.... and will be very powerful !!
We could have a backtest of the bullish ascending wedge (yellow) which would be a perfect buying opportunity !
This one is outperforming Bitcoin in a period of Bitcoin strength !!
We are still early in the move and there is still time to get aboard !!
Quant Looking to break out of Falling WedgeHello everyone. I have done another quick TA on QNT/BTC pair. It seems we are working on a continuation falling wedge pattern. I expect to see us break upwards and out of this pattern in the next few days and, hopefully, stay above the confirmation line that I have specified in a previous TA. The RSI looks primed for a move upward and the MACD is turning (yes I know it's only the hourly). There has been a lot of bullish news on Quant lately. Still looking to be a solid October! Let's Go!
Quant Lining up to hit near my target from yesterdaySo here you can see that my previous call out was right on point. I think we will have an Elliot Impulse wave upwards to around $11.84 in the next few days. The MACD has crossed and is on track for bullish momentum. Volume is decreasing from the previous mini pump and we should see some more buyers coming in to join the fun.