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QNTBUSD

QNT/USD - QNT/BTCWhen analyzing QNT we need to take into account that we are dangerously close to a head and shoulders pattern on the USD pair. On the Fibo 1.4 (-27%) we could see a QNT/USD price of $76.13 On the Fibo 1.6 (-38%) we could see a QNT/USD price of $64.14 Since I could see BTC/US dropping towards levels like $13.750,- (-28%) we could conclude that this info could give us extra information when looking at the QNT/BTC pair. On the Fibo 1.4 (-13%) we could see a QNT/BTC price of 0.00529 On the Fibo 1.6 (-24%) we could see a QNT/BTC price of 0.004859 Let's say in a final capitulation event we will see QNT drop 14% further from there all liquidity will be absorbed and we will see a major run upwards.
Long
by SIWMIS
1
QNTBUSD { QUANT } - BULLISH SETUPANALYSIS 🔎 - QNTBUSD is on an uptrend bounded in the ascending channel. - The market hit an all time high (ATH) and retraced. - Price is retesting the flip horizontal support, the ascending channel support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - The retracement is resisted by the descending trendline resistance. - Breakout above this descending trendline resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Aggressive entry: the key fibonacci retracement zone . - Conservative entry: breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (@165.6) - Horizontal resistance level (@191.9) - Ascending channel resistance. - Fibonacci extension levels. SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the ascending channel support - Final invalidation: breakdown below the 0.786 fibonacci retracement level.
QLong
by Chibuike_Odoh