QNTEUR 'D' - A Giant Head & Shoulder Pattern?Well, it looks like we've got a large head and shoulder pattern forming on the daily chart of Quant / Euro. It's going to take a month or more to see this form but if it does we're looking at a very healthy 50% reduction in market price.
Combine this information with a strong Sell signal from Crypto Tipster v2, and things could be looking like a downward trend for the immediate future of QNT.
QNT
QNTUSD 'D' - Sat on top of a RangeQuant is currently sat right on top of a clear area of historic market range. A slight drop into this area would offer an easy 10% drop in market price. With a descending line closing in on the current price too a rebound upward, alhough possible, is getting less likely as the days pass. Keep your eyes on this on!
QNT : NEW VOLUME VIEW BREAKOUT POSSIBLITYQNT is the symbol for Quant Network, a company that provides blockchain technology solutions. It is a cryptocurrency for security and is traded on online exchanges.
As with any investment, it is important to thoroughly research and carefully consider the risks before investing in QNT or any other cryptocurrency. It is also important to manage risk by diversifying your investment portfolio and not putting all your money into one asset. It is impossible to predict with certainty the future performance of any investment just by expecting, so it is important to always approach trading with caution and to never invest more than you can afford to lose.
The scan was made today on this coin and it shows possible high volume can get confirmed.
We will follow it and see if it can go over 160 USD coming time.
QNT is one of the high coins that have + volume on-trend.
There is no guarantee that this expecting will happen, as we depend on studying and depending on high chances.
*the possibility is high.
This coin did hold before more levels, which makes it also interesting.
QNT Update 2 December 2022QNT Update 2 December 2022 - Quant (QNT) is an Ethereum token that is used to power Quant Network's Overledger brand of enterprise software solutions, which aim to connect public blockchains and private networks. Overledger was designed to act as a gateway for any blockchain-based project to access all other blockchains.
QNTUSDT 4H Interval Targets and StoplossHello everyone, let's take a look at the 4H QNT to USDT chart as you can see that the price is moving in a sideways trend channel and locally trying to break out of the down trend line upwards.
Let's start by setting goals for the near future that we can take into account:
T1 = $114.1
T2 = $117.6
T3 = $120.5
T4 = $123.5
and
T5 = $127.3
Now let's move on to the stop loss in case the market goes down further:
SL1 = $112.5
SL2 = $110
SL3 = $108.2
SL4 = $106.3
and
SL5 = $103.5
Looking at the CHOP indicator, we see that most of the energy has been used on the 4H interval, while the MACD indicator indicates a local downtrend.
Bullish double bottomI don't know exactly what to expect with crypto market dumping, but QNT never ceases to look super bullish.
Probably PA will do some sideways movement, maybe some other confirmations of the pattern and then up...
The pattern is printed in the chart with a confirmation coming with it so it's justifiable to expect the pattern to hold from now on.
QNT break-out
QNT has been risen quite fast since touching the demand area on 14th November. It's just broken the descending channel with a good volumed candlestick (in 4H TF).
RSI had also broken the trendline.
On-chain indicators (on Glassnode) have shown the number of new buyers increased quite fast to catch the dip (on 14th November). The total adresses jump 12% since then.
In my opinion, QNT prices would revisit the supply area. Before reaching this level, a big resistance is the EMA 50D.
QNT Bear flag has held In my previous analysis of QNT I outlined that a bear flag would force the coin to retract to point e. (read here ). It's coming to a point where the flag will be tested at e.
If QNT closes below it's 50MA and closes again below the lower low trend line I see two potential outcomes. It retraces back down to c. which I'm calling accumulation zone 1, or it retraces all the way back down to a. which I'm calling accumulation zone 2.
It's unclear which is more likely - into the block shows a lot of liquidity at both points c. and a. but the first test will be to see if QNT break below the 50MA and the bear flag at e. I will track the update on this coin via this new chart.
At this point in time my sentiment is short on QNT. I have an alert triggered for 145$ to review the breakpoint at e.
What will it be?!QNT had a very sharp price drop in the past weeks. The candle two weeks ago, with a negative 35% decrease, is one of the most negative weekly candles, which has brought the price of this currency to an important support level in the range of 95 to 108 dollars. As you can see, $100 is in this area, and it has had a lot of reactions in the past. Also, the support seen in this range can cause the price trend to the range.
Considering the previous strong upward wave, as long as the price of this currency does not return below the current support range, its trend will not be downward in the daily time. On the other hand, the upward trend in the 4-hour timeframe requires breaking the resistance of the $130 range. So, in general, we can expect a range trend for this currency. We can also consider a symmetrical triangle pattern in the 4-hour timeframe. Breaking the pattern from above can help to improve the conditions of this currency and remove the selling pressure to remain above the $100 support level.
QNT analysisQNT showed good growth for the last months (400%) but against the backdrop of FTX scam, it showed the same weakness as other coins.
When we gave the last forecast, it was a local peak on QNT with large volumes that we played down, which indicates the distribution of large players.
Now we are holding on to MA 200, if it is broken, we expect it to fall into the $40-60 demand zone. This scenario seems most likely now due to the negative market.
Cancellation of this scenario may be fixing above MA 100
$4,000+ QNT Next Bull???Will QNT’s next ATH be roughly around $4,000+/-?
I’m not sure, but the chart comparison to the market capitalization of QNT makes for a very compelling case. The bottom of the upward channel QNT has respected from the beginning is roughly $80. Minus further fallout from the planned FTX attack on crypto it is possible we will start to see significant gains in the lead up to the next BTC Halving. QNT has been a market leader and I don’t expect that to change anytime soon. Even more so with the Fed starting to run pilot programs for the inevitable implementation of CBDC’s.
***This is not financial advice.
🟢 QNTUSDT - 1H (20.11.2022)🟢 QNT USDT
TF: 1H
Side: Long
SL: 5%
TP 1: $118.73
TP 2: $120.31
TP 3: $122.56
It's looking so strong it will take that middle resistance out and test the stronger resistance at the top.
Nice bull flag forming and support this support zone has been holding well.
MACD and RSI look ready to go too.
QNTUSDT(Quant) Daily tf Range Updated till 15-11-22QNTUSDT(Quant) Daily timeframe range. the chart here is very simple and clean. yet there are not much of data to it. but got more options for price discovery. it do have a decent retail interest and quality holders. it did helped it on the price action. without market makers devs do play big role as it got room for improvement.