Qntusdt
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.
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 - Bullish Head & Shoulders This is a textbook play - head and shoulders. Upon the break from the neck line, we can see a massive rise. However, the first major resistance is actually very close to the $173. I've highlighted all the major resistance zones according to the chart and FIB.
Not a time to open a trade just yet, need to wait for it to pass $162 and stay there for a day
QNT is near a critical point - Shorting temporarilyWe are touching the head and shoulders neckline at $162 highlighted in black.
The good:
- RSI on the daily is showing oversold signs, so price should start bouncing back up.
- There is an exaggerated divergence pattern between RSI and Price
- Momentum is still
The bad '
- The price is coming close to the support which is at $162 as well.
- Volume for sell off is not very concerning but still a little bit.
- There is a weak bearish candlestick pattern forming on the daily /weekly.
- If the price goes below the support zones around $160, then the next target is easily $130-$135.
So please set your stop losses.
It can be shorted TEMPORARILY because I mentioned in the previous ideas that this is near the first TAKE PROFIT zone. This was around $173. I will share the link below. You can see how all my charts have played out exactly the way I said it would.
Chart 1:
Chart 2:
QNT IN WYCKOFF:
QNTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for QNTUSDT
There are R2 and R1 as our resistance areas that include the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas which contain the support of the price at several points. Hence, we have the price fluctuating over R1 and we believe it would fall down to S2 and here it should give us some rising signs and then we are able to predict a rise toward higher amounts such as R1. It may be clear that if the price moves below S2, more decline is waiting for it. Even it is possible for the price to move over R1 and by fixing itself over there, it will experience more increase up to R2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck