QNTUSDT trade ideas
Two possible scenario for QNTFrom this situation, I have drawn two possible path which tells about the next movement.
The possibility of red path being true is 40%
And the possibility for blue path will be 60%
This is not a confirmed setup.....this is totally a prediction according to the RSI behaviour in 15 minute timeframe. It is not a deep analysis. So Trade safe
Happy Trading
🔥 QNT Time For Reversal After Massive Bullish MoveI've made several QNT posts over the last couple of weeks. Now that QNT has reached my last target of around $230, I'm starting to look bearish before I can looking bullish again.
In my view, both the daily RSI and the huge volume spike yesterday are signaling a (local) top. The RSI was severely overbought on the daily, marking a value of 85 points, which is rare in the current market. Furthermore, huge volume spikes like yesterday's are often a signal of reversals.
My target for the intermediate term is around $160, potentially even lower if BTC decides to drop hard. After $160 I'll be starting to look for a daily higher low to continue the trend.
Patience!
QNT new alpha?QNT is up 400% since June which is an amazing result for such a market.
We had a plan to buy QNT lower but it did not reach our buy zone and rose despite a new wave of declines on all top altcoins.
Now we come to resistance.
We do not recommend buying now after such a rise, but we allow a breakout of resistance and growth to the next one at $331
If you want to buy in the long term we think we will see price at least in the region of 150 - 160$
QUANT- Our Quarter 3 Pick was GREAT ✔️✔️✔️First time I posted about QUANT was in July during our Q3 report. I had then called QUANT 'Real World solutions' :
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Take a look at my previous 2 posts on QUANT, You will get all the basics together. I took a deep dive into many tokens and Quant was the one that grabbed my attention and my trust to invest in it.
Regardless of what happens in the markets, doing Research is the Key. Take a look at QUANT, market was 'against' but the pick was a great success.
These days I am doing the same for this Quarter (Quarter 4 2022 Report). If the market (the feds and Putin mainly) help this could be a great quarter. If not then i hope to pick another Great one.
One Love,
The FXPROFESSOR
(Pls no fomo..i do believe it has potential for 1000$ in the next cycle but right now 195-200$ is support and 248$ is major resistance. Look for the next ones also)
💡Don't miss the great buy opportunity in QNTUSD @quant_networkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 91.1
TP2= @ 107.9
TP3= @ 127.9
TP4= @ 154.5
TP5= @ 174.3
SL= Break below S2
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💡Don't miss the great buy opportunity in QNTUSD @quant_networkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 91.1
TP2= @ 107.9
TP3= @ 127.9
TP4= @ 154.5
TP5= @ 174.3
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
QUANT $1000Quant claims to have solve interoperability challenges, "Led by an experienced team from large corporate, financial and regulatory institutions, we enable existing financial infrastructure to operate with new decentralised networks."
Head and Shoulders bottom.
All time high against btc
$1000 soon ?