Quant Network is a blockchain interoperability project that lets different blockchains communicate with each other. Its operating system, Overledger, allows developers and businesses to build apps that can run across multiple blockchains at the same time.
The token QNT is used to access and pay for Overledger services.
Quant with ticker QNTUSD is still holding up well above the lower triangle line, so bulls are still here. On the weekly basis, we can now see it finishing a bullish triangle pattern in wave B before we may see another rally for wave C. On a daily chart, it may actually have a completed complex W-X-Y decline within final wave (E) of B, but bullish confirmation for wave C is only above the upper triangle line and 136 level.
The token QNT is used to access and pay for Overledger services.
Quant with ticker QNTUSD is still holding up well above the lower triangle line, so bulls are still here. On the weekly basis, we can now see it finishing a bullish triangle pattern in wave B before we may see another rally for wave C. On a daily chart, it may actually have a completed complex W-X-Y decline within final wave (E) of B, but bullish confirmation for wave C is only above the upper triangle line and 136 level.
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Learn Elliott Waves
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.