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
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.
QNT UpdateI believe that QNT would have bounced off the bottom of the channel and continued its steady upward trend had it not been for the black swan event of the FTX collapse. But given that it did break through the bottom of the channel and then showed a strong V-shaped rebound immediately after, tells me there's likely enough money interested in QNT that a return to ATL (40ish) is unlikely. QNT has spent a lot of time in the highlighted range. It is my opinion that the lowest prices we see will be around the 90 support. Currently, QNT is holding around the 140 support. If it makes a significant break below, I believe we will then range between 90 and 140 as we did from January to May and July to October of this year. If we see a strong bounce off of 140 support, I will expect movement toward the 200 resistance. I believe a strong bounce is possible given that QNT did not nuke downward and is more-or-less holding its downward wedge formation. All of this is, of course, barring any other major disruptive events in the market or additional fallout from the FTX situation.
Quamfy weeks ahead?While I still believe there's a chance of going slightly lower, you don't get much more text book than this. Tested key support, just bounced off the 50MA, wave counts line up, daily MACD looks ready to flip bullish and the RSI has plenty of room to run. Lets see what the next few weeks have in store.
Quamfyyy
(This is only a trade idea, NFA)
QNT seems to go up
Hi all,
QNT has had a correction of 30% after a rally of 150% starting from September.
The prices are now at an interesting level:
Strong support EMA 50D
Strong demand area
As seen in chart, there are two possibilities A and B. In my opinion, if BTC and the market don't fall sharply (because of FTX issue or macros for e.g), QNT has a good chance to have a third leg up (since June).
In any case, be careful with FTX news this week.
Cheers!
Quant (QNT) forming bullish Gartley for upto 53% pumpHi dear friends, hope you are well and welcome to the new trade setup of Quant ( QNT ) with US Dollar pair.
Previously we caught a nice pump of QNT:
Now on a daily time frame, QNT is completing a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
QNT Deep into bear flag with bottom heavy liquidity www.tradingview.com
** Disclaimer** I'm a novice trader working to put my thoughts out there to see how the stack up against the market - please feel free to share/comment on my thoughts - please don't use this chart as financial advice
I spotted QNT trending on twitter which is often a horrible trading strategy but a lot of people use to heap into trades. I often like to see what the public is getting hyped over on a narrow band vs zooming out and checking the numbers.
Looking at QNT on the 1D I see an exhaustive peak deep into a bearish flag - we're likely looking at a final euphoric peak before we move to e.; likely a test before a move down or a final rally before a move down; suspect the move down could likely be quite violent too
We have 72% of holders in the money according into the block; there is a weighted ground of holders sitting at the 42$ level; and retail holders up from there app.intotheblock.com There are investors buying into the red at the peak of the exhaustion app.intotheblock.com
It think there maybe a hepty turn around if the 6.5k addresses holding 13m of QNT liquidate; app.intotheblock.com
Will come back to see how my analysis above results for QNT in a week or so
#QNT/USDT 1DAY UPDATE !!
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QNT UPDATE:- Quant (QNT) rose higher on Friday, as prices rebounded following three days of straight declines.
Earlier in today’s session, QNT/USD rose to an intraday peak of $179.15, less than a day after falling to a low of $159.06.
The move saw the token rise from yesterday’s one-week low, which came just days after trading close to a one-year high.
Looking at the chart, today’s rebound in quant saw the 14-day relative strength index (RSI) also move away from a support point of its own.
As of writing, the index is tracking at 59.01, near its lowest point since September 23.
The next visible resistance seems to be at 65.00, and should price strength reach this point, we could see QNT trading above $200.00.
Sorry for my English it is not my native language.
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