finally qnt on verge of massive breakout seems like qnt has already bottomed and currently testing multi year symmetrical triangles resistance its very crucial resistance i am also expecting upside incase of successful breakout expecting 2x bullish waver in midterm
keep eyes on qnt for confirmed breakout never open any position without breakout
Qntusdt
Alt season is not far away! Rainbow Chart: QNT vs. BTCGood morning,
Bitcoin has been leading the recent crypto rally thus far but given its huge market cap we know that wouldn't be the case indefinitely.
Fundamentally solid alt coins will step in as institutional demand will ramp up for their utility (not price). More on that in my previous analysis of Quant Network (linked below).
QNT vs BTC is currently in the lower range and is at the horizontal volume support of around 0.0027. It took only one rally last year to peak during October 2022 around 0.01, almost hitting a 4x against Bitcoin.
This doesn't only account for Quant (QNT) but for multiple solid alt projects but at this very moment, given the recent rally, I'm mostly interested in projects that have been lagging and still have a lot of upside potential. With the recent Grayscale fund on the London Stock Exchange - listing QNT as their 5th holding in the basket - as well as whales buying - I see many reasons for QNT to appreciate against Bitcoin and the US Dollar.
Quant preparing for a 47x!After correctly giving you the Bitcoin and Chainlink bottom, I think it's time to look at some other alt coin opportunities. One project I'm definitely bullish on is Quant Network: $QNT.
Very low max supply of around 14M coins, no inflation but above all currently heavily involved in Project Rosalind, a joint experimentation of the Bank of England and The Bank for International Settlements (which is the central bank of central banks). Besides that, involved in the Latin American Dollar and the Digital Euro. Founder Gilbert Verdian is a veteran in cybersecurity (ex-Mastercard, HM Treasury, HSBC and more) and blockchain standards already since around 2015 and founded ISO Standard TC307.
Fundamentally solid although they're working in space packed with NDA's so I don't expect news anytime soon. Yet, Quant is looking to be the standard gateway for banks to connect their old infrastructure to the cryptoecosystem and CBDC's - whether you're a fan or not of these digital currencies - I rather make a buck on them if they're coming anyway.
Market cap chart of QNT looks the cleanest, and it looks like it's coiling up to pump to the next fib level at 3.618 during the next bull run - which equals a 47x from here. Check Quant out and decide yourself whether it's interesting or not.
Good luck!
Quant Break and RetestQNT was in a downtrend for more than seven months. The downtrend pattern is a Falling Wedge, which is a bullish reversal Pattern.
Quant broke above the Wedge on October 24th. Today QNT completed a retest of the Wedge’s resistance line.
Additional Confluence:
1. Horizontal Support at 96.7 USDT.
2. 50D EMA at 96.7 USDT.
3. Bullish EMA cross (20 above the 50).
Cons:
1. QNT is below the 200D, technically bearish.
2. Retest is not confirmed.
3. No obvious level for SL
Suggestion:
Wait for a daily close above resistance.
Trade Idea:
Entry: 96.8
SL: 88.5 (2X ATR).
Target:135 (technical target).
TP: 106, 120, 134
R:R: 1:2.55 to first TP
QNT ANALYSIS🔮 #QNT Analysis - Breakout Trading 💰💰
🌟🚀 #QNT was trading in a falling wedge pattern and here we can see that #QNT gave a great breakout in weekly chart pattern. We can expect a long rally in #QNT.💲💲
🔖 Current Price: $102.5
⏳️ Target Price: $150
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#QNT #Cryptocurrency #Breakout #DYOR
QNT/USDT Break Alert !! Ready to Continue the Upward Moment ??💎 QNT has certainly captured our attention with its impressive rally, ascending from a robust support level and effortlessly navigating through the descending channel pattern. However, confirmation of this breakout remains pending, and we advise monitoring higher timeframes, such as the daily chart, to guard against a potential false breakout.
💎 Should QNT secure a position above the descending channel on a daily closing basis, it would signify a legitimate breakout, Probabilty setting the stage for continued advances toward targeted resistance and even further to the supply zones.
💎 Conversely, if QNT fails to uphold its position and closes beneath the descending channel pattern in the daily timeframe, it would indicate a rejection, raising the likelihood of a regression to the demand zone, specifically the $100 - $96 range. This retreat would be a strategic move to gather renewed strength for another attempt at breaking through.
💎 A less favorable development could occur if QNT while retesting the demand zone, fails to show signs of a bullish rejection or resurgence. Under these circumstances, QNT might forfeit its stance at the demand level, potentially breaking lower. Such a turn of events would signal a downward trajectory for QNT, prompting a reevaluation at the formidable support levels below.
QNT/USDT what next bearish or bullish?? 👀Quant Today Analysis💎 Paradisers, let's turn our attention to QNTUSDT, which is currently forming a descending triangle and appears poised for a downward breakdown👀
💎 Upon deep analysis, we find that the Point of Control (POC) in the volume profile is acting as a resistance level at 103.9. High volume at this point suggests increased selling pressure. If the price of #QNT fails to break below the $90 support level, a retest of this resistance is likely.
💎 Additionally, there's a Fair Value Gap (FVG) and inefficiency below. Should the current support level of $90 break, we can expect the price of #Quant to mitigate to that level and potentially initiate a bullish continuation from there.
💎 Both scenarios are plausible, so if you're planning to trade, it's advisable to wait for a clear setup.
Keep your charts updated and Stay one step ahead of the market 🌴
Bought the QNT bottom hereHello Traders,
As you can see on the chart, a giant double bottom, and we can see a small triple bottom inside it.
Just bought some here and expecting a quick 5-10% recovery soon. IF it dips more, I'll add more.
Please hit the boost button and follow me for more ideas.
Thanks.
#QNTOn HTF as most alts the coin is bearish
On LTF we can expect 2 ways:
1. The coin breaks below 96.4$ at least with 4 H candle, in this case the way to 78.4$ opens
2. The coin bounces from current price level or 96.4$, breaks through resistance line (blue line) in this case it can bounce till 115$ where it may reject
QNT: Descending Triangle BreakoutQuant (QNT) technical analysis:
Trade Setup : Bullish breakout from Descending Triangle, which could see the price revisit 200-day Moving Average (minor resistance level ~ $118). If it breaks above that ($118), then that would confirm trend reversal, with upside potential to $130.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $100, then $87. The nearest Resistance Zone is $130 (previous support), then $160, and $225.
QNTUSDT SELL OPPORTUNITYHello dear traders. Here my idea to QNTUSDT . we will expect short term bearish continuation.
Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile.
Good luck to you.
This idea does not provide the financial advice.
Quant explosive breakout opportunity awaits!👀qnt today analysis💎At present, QNT is entangled in a triangle pattern, positioning itself near a potential breakout point as the price range narrows towards a convergence point. This breakout suggests an imminent shift in market sentiment and a likely increase in price volatility.
💎QNT shows a significant surge in volume. The presence of high volume during this phase indicates substantial price movement.
💎 The buying liquidity for QNT involves assessing the level of demand suggests a higher likelihood of upward price movement.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
Trading SECRET: How to Enter & Exit like a ProOver the past five years of trading, I have recognized the importance of continuously critiquing myself and my trading strategy. I diligently monitor my performance on a daily, weekly, monthly, quarterly, and yearly basis. Here's a concise list of the rules I have followed prior to entering and exiting a trade:
✅ Entry Rules
Ensuring that the stop loss is positioned beyond the strongest support or resistance line.
Staying disciplined and adhering to my trading rules.
Assessing the risk/reward ratio and confirming its acceptability.
Double-check my entry, stop loss, and target position for accuracy.
Considering any potential news announcements that could impact the trade.
Evaluating the bid/ask spread to ensure it falls within the normal range for the specific currency pair, trading session, and time.
Verifying that I am not risking more than my agreed-upon 1%.
Taking into account correlation and avoiding trades that contradict my existing open positions.
Confirming that the market exhibits sufficient volume and liquidity.
✅ Exit Rules
Evaluating if the market has behaved as predicted and staying on track accordingly.
Assessing if the trade has reached a support or resistance line.
Reviewing whether the stop loss has been placed too far away or too close.
Considering if I am exiting the trade prematurely.
If unsure about the trade, exiting immediately.
Exiting immediately if I acted impatiently and entered the trade prematurely.
Identifying any upcoming news events that could impact the trade.
Observing if the trade is changing directions.
Reminding myself not to take profits too early, avoiding exiting before reaching the target line.
👉 I often receive inquiries about trading entries. Therefore, I'm sharing a few entry strategies that you can incorporate into your own trading:
Range Fade: This strategy involves buying at the range bottoms and selling at the range tops. The risk-reward ratio may not be ideal for many traders, given that the range is usually small. However, by placing the stop loss a few percentage points beyond the range, you can maximize the ratio.
Reversal: This entry approach involves entering at the most recent extreme or key level. While this method is quite popular, it often goes against my first rule: "never fight the trend, he's your friend." However, I do consider multi-day/week key levels in my ideas.
Breakout: This strategy involves entering a trade as the price breaks out of a range or pattern. It is a reliable option, especially for beginners who are keen on identifying repetitive patterns in the market. For example, you can sell at the neckline of a head and shoulders pattern and profit from it. However, it's important to note that the more complex patterns you observe, the fewer people are likely to use them, which may reduce their significance.
Pullback: This entry approach involves entering a trade after a minor reversal or retest. Statistically speaking, this is one of the most frequently used entries in my trading. It is a simple method that allows you to follow the trend. Identify key points, consider Fibonacci levels, and ensure it's not a complete trend reversal. Although you may miss out on a few percentage points of profit using this approach, it can positively impact your long-term profitability.
THANK YOU, MY LOVELY FOLLOWERS, FOR TAKING THE TIME TO READ. ❤️