#QNTUSD - A Modest Projection of Around 15% ProfitReaching a critical pinch point here with #QNT combined with a strong Buy signal from CTv2 indicates a potential upward move coming.
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theCrypster
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QNT
$QNT/#USDT [#Quant Network]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $QNT / $USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 132.7 | 140.2 | 161, and the major support zones can be found at 111.9 | 98.6 | 77.8. Consider entering at the current price zone of 125.8 and targeting higher levels.
◰◲ General info :
▣ Name: Quant Network
▣ Rank: 39
▣ Exchanges: Binance, Kucoin, Gateio, Mexc, Hitbtc
▣ Category/Sector: Infrastructure - Interoperability
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 125.8 ₮
▣ 24HVol: 6,899,526.284 ₮
▣ 24H Chng: -0.475%
▣ 7-Days Chng: 11.32%
▣ 1-Month Chng: -9.02%
▣ 3-Months Chng: 12.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 132.7 | 140.2 | 161
◢ Support: 111.9 | 98.6 | 77.8
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.21
▣ Last 90D: 0.70
▣ Last 1-Y: 0.61
▣ Last 3-Y: 1.49
◲◰ Volatility :
▣ Last 30D: 0.59
▣ Last 90D: 0.62
▣ Last 1-Y: 0.95
▣ Last 3-Y: 1.59
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.60 - Bullish
▣ Reddit sentiment score is 0.67 - Bullish
▣ In-depth QNTUSDT technical analysis on Tradingview TA page
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Quant QNT Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Quant QNT are:
QNT/USDT short
Entry Range: $135 - 145
Take Profit 1: $126
Take Profit 2: $118
Take Profit 3: $107
Stop Loss: $165
QNTUSDTPQuant (QNT) Price Prediction & Forecast for 2023
Quant (QNT) has been one of the most promising digital assets in the cryptocurrency market. The price of QNT has shown a steady uptrend since the beginning of 2021, with many analysts predicting further growth in the near future. The Gartley pattern is a technical analysis tool that traders use to identify potential market trends, and it appears that a bullish Gartley pattern is developing on the weekly timeframe for QNT.
The Gartley pattern is a pattern that traders use to identify potential turning points in the market. The pattern consists of four price swings labeled X, A, B, and C. The pattern is considered bullish when it forms after a downtrend, and the potential reversal zone (PRZ) ( D ) is a price level where the pattern could potentially reverse. The PRZ is identified using Fibonacci retracement levels which are based on the mathematical principles of the Fibonacci sequence.
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QNT is good to buy and hold
QNT didn't make big move since the recovery of BTC and (almost) the whole crypto market, since the beginning of this year 2023.
However, if we look at the QNT's price action, we can see that prices are at the lower trendline of a triangle and that the accumulation is still on-going for QNT.
Indeed, when comparing to other trendy cryptos like GMX, OP and recently LDO, we can find that they have similar patterns: the triangle accumulation. All these three cryptos had broken out and are flying to set new and newer ATHs.
This is the reason why it is a good moment to buy and hold QNT for some weeks and months.
What do you think about QNT and this analysis?
Quant #QNT here we goWhat Is Quant (QNT)?
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Quant #QNT update What Is Quant (QNT)?
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Important supply areaIf favorable conditions in the market continue and double buying pressure is created to break the resistance of the range of $154-175, we can expect further price growth to the resistance of the range of $200 and $220.
This resistance is considered an important supply area, where we can expect a strong negative reaction if the price rises to this range. In the short term, if minor support is maintained in the range of $134-140, we expect the short-term upward trend to remain, and we will witness the formation of higher ceilings and floors.
QNT could also be breaking upward from a monthly bearflagQuant has been hitting multiple double bottom breakout targets in a row on the daily time frame (not shown here) which has taken price action up and above a channel (in red) that I have also been watching on the daily chart. It was after I noticed Gala appeared to be breaking up from a bear flag on its weekly chart that made me decide to flip my qnt chart to the weekly time frame as well, and sure enough, the channel was attached to a long bear pole on the weekly chart making it also a bear flag. If it does break up from the flag the breakout target takes price back up to this blue inv h&s neckline and would then complete the right shoulder…which is the price movement I’ve been anticipating ever since we reversed trend back to the upside, so this measured move target from the flag leading directly back to the neckline makes a lot of sense and adds good bullish confluence….you can see I also have another little dotted green line going slightly higher than the one I put the price tag on. The slightly higher one was when I included the wick in the length of the flagpole and the one closer to the neckline is without including the wick…hard to say which one is more valid as of now. *not financial advice*
My simple Bitcoin analysisJust comparing old to new timeframes, excluding black swan events ? (If Russia would decide to nuke Europe 4 example)
Previous declide from ATH to ATL was ~84%
Previous bear market was aprox 360 days
Personally i think we could go lower one more time, before the new bull market towards the next halving.
Previous rally could be an automatic rally ( see wyckoff ), or .. since we are far past 360 days, the start of the new bull market.
Quant ABC to POCAfter a sustained rise, a small bearish divergence seems to be on the rise to bring some cooling down.
This along with the ABC I have in there could bring the price to the current point of control (taken over the major uptrend).
In case the Bulls have a taste for it and push through to break the resistance line of the triangle of the bigger picture it is important to gain that level to set their sights on the #ATH.
Note if a level like $94.3 is broken then a new Low will be made which will be a bearish signal and may result in a decline towards the $63 ~ $7
be free to leave a comment
QNT update - we do best TAQNT crypto is the native token of the project, which lives on the Ethereum blockchain. This guide explains what Quant is, how it works, and how it could change the way data, information, and assets move across the digital financial ecosystem. Quant's native token, QNT crypto, provides access to various services and apps on the Quant platform