QNTUSDT trade ideas
QNT#QNT is flipping its trendline resistance as mentioned in the last post and flipping resistance will be a game changer for QNT it can give you good huge gains. TOTAL3 is looking good and so we are hopping QNT will show some bullish moves soon
Keep an eye on QNT and trust
@TheCryptoCity1
#BTC #Crypto #IceNetwork #1000x CRYPTOCAP:ADA #ALTSEASON CRYPTOCAP:DOT Cardano #PiFest $BONK #Algorand #KuCoin UPCOM:FTM
finally qnt on verge of massive breakout seems like qnt has already bottomed and currently testing multi year symmetrical triangles resistance its very crucial resistance i am also expecting upside incase of successful breakout expecting 2x bullish waver in midterm
keep eyes on qnt for confirmed breakout never open any position without breakout
QNT pump soon?QNT is signaling a re-accrual zone on the 4-hour frame, with a sideway zone only about 5% and the volume rising every time the price returns to the support zone below $100. Currently, there are 2 cases:
1 is a stronger pump right after completing the accumulation with a high volume and the price breaks out of the sideway with a mazubozu candle. In this case, the entry will be in the $101 price zone or buy immediately after the break out and stop-loss candle below $95.
Case 2 is that there will be a shake-out below the accumulation zone (below $95) with a large volume and then immediately the price turns back up. However, from a personal point of view, the previous return to $95 was already a shake-out. Entry if this happens will still be above $100 when the price returns to the uptrend with the HH - HL structure in smaller timeframes.
Quant Break and RetestQNT was in a downtrend for more than seven months. The downtrend pattern is a Falling Wedge, which is a bullish reversal Pattern.
Quant broke above the Wedge on October 24th. Today QNT completed a retest of the Wedge’s resistance line.
Additional Confluence:
1. Horizontal Support at 96.7 USDT.
2. 50D EMA at 96.7 USDT.
3. Bullish EMA cross (20 above the 50).
Cons:
1. QNT is below the 200D, technically bearish.
2. Retest is not confirmed.
3. No obvious level for SL
Suggestion:
Wait for a daily close above resistance.
Trade Idea:
Entry: 96.8
SL: 88.5 (2X ATR).
Target:135 (technical target).
TP: 106, 120, 134
R:R: 1:2.55 to first TP
QNT ANALYSIS🔮 #QNT Analysis - Breakout Trading 💰💰
🌟🚀 #QNT was trading in a falling wedge pattern and here we can see that #QNT gave a great breakout in weekly chart pattern. We can expect a long rally in #QNT.💲💲
🔖 Current Price: $102.5
⏳️ Target Price: $150
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#QNT #Cryptocurrency #Breakout #DYOR
QNT/USDT Break Alert !! Ready to Continue the Upward Moment ??💎 QNT has certainly captured our attention with its impressive rally, ascending from a robust support level and effortlessly navigating through the descending channel pattern. However, confirmation of this breakout remains pending, and we advise monitoring higher timeframes, such as the daily chart, to guard against a potential false breakout.
💎 Should QNT secure a position above the descending channel on a daily closing basis, it would signify a legitimate breakout, Probabilty setting the stage for continued advances toward targeted resistance and even further to the supply zones.
💎 Conversely, if QNT fails to uphold its position and closes beneath the descending channel pattern in the daily timeframe, it would indicate a rejection, raising the likelihood of a regression to the demand zone, specifically the $100 - $96 range. This retreat would be a strategic move to gather renewed strength for another attempt at breaking through.
💎 A less favorable development could occur if QNT while retesting the demand zone, fails to show signs of a bullish rejection or resurgence. Under these circumstances, QNT might forfeit its stance at the demand level, potentially breaking lower. Such a turn of events would signal a downward trajectory for QNT, prompting a reevaluation at the formidable support levels below.
QNT lost trend short to 80-87 range H&S on weekly Not financial advice
Trade plan moving forward
Short to 78-87 level
We have a clear head and shoulders setup on QNT and I highlighted the trendline from the recent low of 40.00
We are currently trading under that trendline. And applying fib retracement from top to local bottom we have a .786 fib target of around 80.00.
This also lines up with the bottom of the shoulders for head and shoulders.
Saying all that holding the 78-87 level will be key long term if that level is lost my next targets will be between 26-33.00
The RSI is indecision area and shows a substantial correction in store.
Remember
#PIK
Patience is Key
#TLAW
Think Like A Whale