QNT USDT LONG SWING| QNTUSDT | LONG @ 98 - 102 | TP @ 103, 104, 105, 106, 107 | SL @ 90 | PATTERN = 200 EMA RETEST | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames.
BINANCE:QNTUSDT BINANCE:QNTUSDT.P BINGX:QNTUSDT.PS GEMINI:QNTUSD BINANCE:QNTUSD BINANCE:QNTBUSD BYBIT:QNTUSDT BYBIT:QNTUSDT.P BITGET:QNTUSDT COINBASE:QNTUSD
Quant
Quant: Time to move on! 🚀After its impressive rises, Quant's price has retreated a little in the last few days. We now consider green wave 3 to be over and see the price already in wave 4 of the same color. We have also added a green Target Zone between $141.74 and $128.40 for the completion of this wave, in which the price is already trading. Consequently, we expect a near-term reversal and further strong rises to complete the orange-colored wave iii.
QNT/USDT Bullish Outlook in Demand Zone? 👀 🚀QNT Today Analysis💎 Paradisers, turn your attention to QNTUSDT as it presents an exciting trading opportunity. Currently positioned in a demand zone, the asset is showing a high likelihood of a bullish movement.
💎 A detailed examination of QNT reveals that QNT has consistently respected its trendline, and is now on the brink of breaking out of this channel trajectory. A successful maintenance of this breakout could markedly enhance the probability of a bullish trend. Riding this upward momentum, QNT is aiming to target the supply level at $114.2.
💎 For #QUANT traders, it's important to stay prepared for a potential bullish resurgence from the support level of $94.3. Nonetheless, be aware that a fall below this level could signal potential difficulties in maintaining the bullish trend.
💎 In this dynamic and ever-changing market landscape, strategic foresight and skilled decision-making are crucial. Developing a comprehensive trading strategy that encompasses effective money management and a profound understanding of support and resistance levels is key to securing successful trading outcomes. 🌴💰
Quant: At the crossroads 🚦🛣️Considering last week's rise, which briefly pushed Quant's price above its November highs, we now believe that the overarching magenta wave (ii) has come to an end. Accordingly, the coin should already be working on the first steps of the subsequent upward movement, which we have broken down. Primarily, we consider wave ii in orange to have already ended, but if the resistance at $109.81 is not overcome, this would activate our 45% probable alternative. In this case, a fall to the orange Target Zone between $97.14 and $89.89 would be on the cards.
China Stock - 688167 - Bull run may end by the middle of Dec688167 has experienced a bull run in Nov. According to the time cycle and Aroon indicator, the bullish window may close soon, before the middle of Dec.
Today the RSI climbs back above the MAs, unveiling a short-term window.
Opened a position at 123.8.
China Stock - 002993 - Pivotal MomentIt is currently at a pivotal moment where RSI walks under MAs in CBIndex. Other indicators such as Aroon and Derivative Oscillator also indicate bearish movement.
The time cycle suggests a potential end at this moment of the current fall. The next fall will happen around the beginning of Jan, which may lead to a bullish opportunity this month.
We'll see.
China Stock - Pivotal Moment of 002993The symbol seems to be in a pivotal moment, where the price level was steadily climbing while the DO indicated a down-term trend.
A possible ending may be reached by the end of November.
For an uptrend opportunity, wait to see if the RSI line can pivot upside and cross the two MAs in CBIdex.
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!
Understanding the Profitability of Trading.In the trading world, there are various methods to make money. However, in the fundamental approach to trading itself to earn money, we need to know that it has to be when you win bigger and lose smaller. Then, you might think about whether you should focus on winning more often or bigger. This article explores how to assess the profitability of the trading system with a simple formula.
Winning Rate and Risk-Reward Ratio
Two crucial factors affecting a trading signal's profitability are the winning rate and the risk-reward ratio. The winning rate is the percentage of trades that turn a profit.
A high winning rate can mean steady profits, but it doesn't guarantee overall profitability. The risk-reward ratio is the relationship between potential gains and losses in a trade.
A higher risk-reward ratio can lead to bigger profits, but it also demands a higher rate of correctness to stay profitable.
How They Impact Profitability
Let's use a simple example to understand how these factors affect profitability. Imagine a trading signal with a 60% winning rate and a risk-reward ratio of 2:1.
This means for every $1 risked, the potential profit is $2. If applied to 100 trades with a $100 risk per trade, the total risk is $10,000. Winning 60 trades would yield $12,000 in profit while losing 40 would result in a $4,000 loss.
The net profit in this case would be $8,000. This illustrates how the winning rate and risk-reward ratio impact a trading signal's profitability.
Evaluating Signal Effectiveness
To gauge the effectiveness of a trading signal, you need to consider a few factors.
Firstly, backtest the signal using historical data to assess its performance(Minimum 100 trading signals). Ensure the backtesting period covers various market conditions.
Secondly, forward test the signal using real-time data to evaluate its live performance. Finally, assess the signal's consistency and reliability over time(Real-time experience is different from backtesting). Signals that consistently generate profits are more reliable.
Key Aspects for Profitability
When assessing a trading signal's profitability, focus on a high winning rate and a favorable risk-reward ratio. The signal should adhere to sound trading principles, avoiding subjective factors for consistency and reliability.
The formula for Winning Rate and Risk-Reward Ratio
Here are simple formulas to calculate the winning rate and risk-reward ratio:
Winning rate = (Number of winning trades / Total number of trades) x 100
Risk-reward ratio = (Average profit per trade / Average loss per trade)
The higher these values are, the greater the potential for earning money through trading. However, having high values in isolation isn't enough for profitable trading.
Let's delve into a few examples to fully grasp this concept:
Example 1:
Consider Person A , who has a stellar winning rate of 90%, yet a risk-reward ratio of a meager 0.1. Now let's ask, will this individual amass wealth or rack up losses?
With his current risk-reward ratio, when luck favors, Person A walks away with a hefty $1,000. However, when faced with defeat, he incurs a significant loss of $10,000!
Their trading pattern? Win 9 times with a total earnings of $9,000, only to lose a much larger sum of $10,000 later. While this strategy may appear profitable in the short-run, it's unsustainable in the long-run, often resulting in accumulating losses.
Example 2:
Now, let's consider another scenario. Person B , with a winning rate of only 10% but a remarkable risk-reward ratio of 8. The same question arises - will this person amass wealth or rack up losses?
With their risk-reward ratio, when placed in favorable circumstances, Person B earns an impressive $8,000. Conversely, a bad day costs them a $1,000 loss.
Now, their trading pattern may seem paradoxical. They win once, earning a massive $8,000, then lose 9 times in a row for a total loss of $9,000. Despite the high-risk reward ratio, the low winning rate fails to buoy their profits. Ultimately making it a non-profitable strategy.
Determining Profitability
To assess whether you can make money based solely on the winning rate and risk-reward ratio, consider a formula called the required winning rate. It's defined as:
Required Winning Rate = 100 / (Risk-Reward Ratio + 1)
Let's look at two examples:
Person A has a 90% winning rate and a risk-reward ratio of 0.1. The required winning rate is 100 / (0.1 + 1) = 90.91%. Person A needs to maintain a winning rate of 90.91% to break even.
Person B has a 10% winning rate and a risk-reward ratio of 8. The required winning rate is 100 / (8 + 1) = 11.1%. Person B must achieve an 11.1% winning rate to avoid losses.
This formula helps determine the minimum winning rate needed to profit based on a strategy's risk-reward ratio. It emphasizes that both factors are critical for trading success. If the required winning rate isn't met, it may be wise to pause and further study the markets.
Assessing the profitability of a trading signal is essential for successful trading. Consider the winning rate, and risk-reward ratio, evaluate the signal's effectiveness, and emphasize key aspects. Use the required winning rate formula to understand the minimum winning rate needed for profitability. By making informed decisions, traders can improve their chances of consistent profits over time.
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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.
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.
Quant (QNT)Quant is an interoperability solution blockchain platform designed to help bridge the gap between various different blockchains and enterprise software using a simple plug-and-play solution that doesn't require teams to deploy any new infrastructure.
Anyway, after QNT broke the downtrend line, it went up and then into a consolidation zone that seems unfolded in triangular shape. It seems QNT is ready to break this zone upward. Let's see what happens.
$RTY_F Small Cap Futures complete initial upside moveThe Russell Small Cap Futures completed their initial upthrust nearly a week earlier than expected. A trend change is underway, as the liquidity data indicated over the prior two weeks.
I have taken some profits on my AMEX:IWM Call Debit Spreads, and will look to reload on a pullback, anchored around the Green Flag Zone below. Eventual target for July is the Red Overhead Supply Zone, although that may take several trips.
The key here is the high-value zone within the currently dominant structure, the green flag zone below, which rises each week.
Members have been able to keep track of the plan over the past two weeks in the reports and live streams. The plan is designed so that there is no need to watch the screen during the day.
I will continue to plan ahead and use limit orders, waiting for price to come to me as I re-load and manage the position.
Above all, keeping track of the liquidity data to make sure that the Cyclical side of the Small Cap Index maintains its Quantitative advantage over the S&P and Nasdaq, which it started to gain on May 24th and the Russell 2000's Quantitative Data Advantage has been intensifying since then.
That has implications for a massive hedge fund Quant Algorithm Pair Trade that has been underway since mid-March, and which is beginning to unwind. We will be keeping track of that as it unfolds.
For now, the Quant data supports the plan we set on May 24th when I went long IWM and RTY.