QNT/BTC downward channel BROKEN!After a long grind downwards in SATS while BTC flew to the high heavens, we have finally broken clean out of the downward channel. Only way from here is up! We may bounce a little back down to .00046 for a short time but that will be the trampoline.
I attached a previous short TA to show that this is what was needed, and thankfully, it happened.
QNTBTC trade ideas
QUANT exactly mimicking LINK after breaking wedge in Oct 2018Quant has broken out of the Massive Yellow wedge and forming an ascending triangle. This is exactly the pattern Chainlink had in the week of 20 October 2018.
This company has outstanding FA being featured on Real Vision a month ago. Also Quant was awarded the Gartner Cool Vendor award in 2019, Chainlink in 2017.
Link exactly followed this pattern since the bottom. Breaking the yellow wedge, flipping it and pursuing to test the all time highs within the ascending wedge range. Hereafter correcting 40% (not retesting yellow wedge)
The massive Cup and Handle pattern which form the highs is a classic ICO pattern that has to be broken before continuing in the next phase. Link is one phase (2 years) ahead of Quant.
Very open to idea's and comments
Quant potential Running WedgeQNT/BTC is currently in a rising wedge formation with the 200-day MA as support.
Two breakouts have occurred above the wedge which were news-related, can be seen as noise. The last one making a new local-high was the RealVision interview with the CEO.
Where the price is in respect of the 200-day moving average will indicate the trend.
QUANT - powerful set up !QUANT is an important piece of the new Financial System in terms of INEROPERABILITY !
Here is what their internet site says about them:
"Quant Network delivers interoperability of private DLTs and public blockchains across hundreds of banks and financial institutions."
QUANT has been a very good performer during the bear market and has vastly outperformed Bitcoin most of the time !
Which cryptocurrency project can say this besides LINK and QUANT ?
from 12 million marketcap in 2018 to 120 million marketcap in 2020.
LINK has already exploded in 2020. QUANT is still to explode !
Thinks are lining up nicely.
There is a large inverse H&S pattern forming - ok it is not perfect - however I can see it. Can you ?
OBV is ticking up nicely in stair steps !
Volume is picking up and is soon to make a breakout !
Price is right velow the neckline of the inverse H&S formation.
I am taking a position in QNT and lool for a 5x in the short to medium term.
Not financial advice but it is what I am doing.
Breakout ! Finally !!This move has been largely anticipated ... but took a long time to materialize !!
It is finally happening !
.... and will be very powerful !!
We could have a backtest of the bullish ascending wedge (yellow) which would be a perfect buying opportunity !
This one is outperforming Bitcoin in a period of Bitcoin strength !!
We are still early in the move and there is still time to get aboard !!
Quant / Bitcoin - Time to Pay Attention! @coinselorQuant has been consolidating in an ascending triangle since it started trading. It checks a lot of the conditions I look for before opening a positon with a trend-following strategy.
Once trigger condition is met, I reassess current market volatility to figure out if the risk:reward is favorable to grant opening a trade.
Time to pay close attention.
QNTBTC D1: BEST level to BUY/HOLD 150% gains(SL/TP)(NEW) Why get subbed to me on Tradingview?
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QNTBTC D1: BEST level to BUY/HOLD 150% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more
downside before reversal near 40k sats (BULLS).
🔸 Summary and potential trade setup
::: QNTBTC D1 chart review/outlook
::: bullish XABCD setup in progress
::: next few weeks expecting more downside
::: so for now just skip the pullback
::: BULLS should get ready to BUY LOW
::: after the final pullback
::: near mirror S/R level 40K sats
::: TP1 +100% TP2 +175%
::: BUY/HOLD swing trade setup
::: for patient traders only
::: so just be ready to buy later
::: and get paid
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: PULLBACK/BEARS
::: Sentiment outlook short-term: BULLS
Quant Looking to break out of Falling WedgeHello everyone. I have done another quick TA on QNT/BTC pair. It seems we are working on a continuation falling wedge pattern. I expect to see us break upwards and out of this pattern in the next few days and, hopefully, stay above the confirmation line that I have specified in a previous TA. The RSI looks primed for a move upward and the MACD is turning (yes I know it's only the hourly). There has been a lot of bullish news on Quant lately. Still looking to be a solid October! Let's Go!
QNT following the channel patternI have been thinking on the strange behaviour of $QNT and all of a sudden it became obvious, this coin is traded in descending channels.
Just look at the chart - a spike and then a gradual fade to 60-70k sats and then a spike again. There are no flat trading periods of accumulation. That looks like a bot trading by the algorithm.