Not financial advice and i am no expert but this looks like it's bottoming out at this level. Very clear consolidation of the QNT/BTC pair.
On a fundamental aspect QNT has made some huge developments compared to where it was during it's ATH. New partnerships, a marketing director, big new future outlooks etc. Really undervalued in terms of marketcap at the moment. When more institutional money flows in it will easily storm into top 50 and higher. and then mainstream retail will notice QNT and it will be a snowball effect towards the top 25. I notice that a lot of retail are currently still overlooking QNT because it's not hyped and it's high in price per token. (if you understand that it's marketcap which matters and not token price you're still way ahead of the mass)
It seems to me that both the TA and fundamentals are pointing towards a rise in QNT. And definitely a rise in QNT/BTC.
Conclusion: Great potential because of the huge utility. Severely undervalued and overlooked at around 1.35 bn marketcap (doge is 19 bn) and spot 72.
Thanks and well done on publishing your first idea. We hope you found it an easy learning experience. Don't give up! Rome wasn't built in a day 🏦 🙌🏽 @Nico.Muselle for the TradingView mods
🙌🏽 @Nico.Muselle for the TradingView mods