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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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
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