QNTUSDT trade ideas
Pullback before Rally to 155On weekly chart
BINANCE:QNTUSDT has reached to 133 which level is the target of third wave.
It's trading around 108 and in the correction wave B.
Target of wave C around 77 - 73. After that, the fifth wave's a target at 155 or further.
Trade in lower timeframes
Let's wait and see
🔥 QNT Forming Inverse Head & Shoulders: Wait For ConfirmationQNT has seen some tremendous gains over the last couple of months. During the last dip QNT is potentially forming an inverse head & shoulders pattern. This pattern is classically a bullish reversal pattern, so that's what we're looking at today.
I'd advise to wait for a confirmed daily close above the neckline before entering a bullish position, especially with the rest of the market dumping hard. Patience is key. If the market continues to fall, QNT will likely follow, which will invalidate this trade.
Targets placed at the recent demand area between $175 and $200.
QNT could hit 73 USDMulti Timeframe Analysis
Hint: Markets overbought
QNT bucked the bearish trend of BTC and kept skyrocketing. Institutional buyers may commence a short term sell to lock in profits.
Medium term Bearish Narrative:
1. Bearish divergences on the daily chart
2. TDI signalling neutral, indecision zones
3. Money Flow Index still bearish
4. Bearish Cypher harmonic pattern on the daily chart.
Take Profit Short Sell Zones: 73 and 48
Remember: life often disrespects charts so trade with caution
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Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
-=ENTRY RULES=-
Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe
For SHORT:
4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line
For LONG:
4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line
Divergences:
The 4H, 8H and 12H chart can reveal hidden divergences on the RSI , MACD , Money Flow Index, CMFI, On Balance Volume and Stochastics. When one or more divergences manifest- be ready. Trend reversal is coming. My best practice is to wait for at least an RSI divergence on the 4H, then drop to M15 to see price shifting with a 50EMA aligned with the 4H divergence.
About me
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow ( COT data).
#QNT short ideaHello dear Traders,
Here is my idea for #QNT
Price closed on daily chart below yellow trigger line (previous month low) - Trade active.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
QNTUSDT is testing the supportThe price created a double top at 128$ area and now the price is testing the 106$ area where the market created a daily support
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
QNT Chart Discussion Let's have a chat! What do you think is going to happen next? Currently in the biggest Tug Of War between Bulls and Bears! We got the 200 and 50 MA about to cross and a short signal. Very minimal movement overall! We got the MACD slightly running overlapped! We got the RSI as neutral!
QNT/USDT 4 Hour Chart for anyone wondering.
Would love to hear your thoughts! 🙂
Quant (QNT) Price Prediction 2022Quant (QNT) Current Market Status
According to CoinGecko, the price of Quant (QNT) is $109.62 with a 24-hour trading volume of $39,866,228 at the time of writing. However, Quant has increased by nearly 2.5% in the last 24 hours.
Moreover, Quant (QNT) has a circulating supply of 13,413,953 Quant. Currently, Quant (QNT) trades in cryptocurrency exchanges such as Binance, KuCoin, Coinbase Exchange, MEXC, LBank.
Quant (QNT) Price Prediction 2022
Quant (QNT) holds the 43rd position on CoinGecko right now. QNT price prediction 2022 is explained below with a daily time frame.
The above chart of Quant (QNT) laid out an Ascending Channel. Ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.
Currently, Quant (QNT) is in the range of $105.60 If the pattern continues, the price of Quant might reach the resistance levels of $200. If the trend reverses, then the price of Quant may fall to $98.20
Trade Level
Entry : $ 135.70
Target : $ 200
Stop Loss : $98
Happy Trading $$$