QNTETH breaking out of wedge on high volume.
Last November 2020 I was early stating that QNT had one of the best setups in the crypto space !! However I was not wrong - I was just early ! Today the setup is even better !! Since the recent low QNT is strongly outperforming Bitcoin and, in my view, it will do so even more in the following months ! Things should get interesting when QNT reaches 0.00081641,...
After a long grind downwards in SATS while BTC flew to the high heavens, we have finally broken clean out of the downward channel. Only way from here is up! We may bounce a little back down to .00046 for a short time but that will be the trampoline. I attached a previous short TA to show that this is what was needed, and thankfully, it happened.
Currently, I am seeing bullish divergences on QNT/ETH and QNT/BTC charts, project is very promising and there should be really nice updates in Q1 2021. The first bigger picture target would be about 23-24 USD following the channel plus it's also near the 1,618fib level from the previous USD high.
Just need to break out of this formation and we can be sent
Not many words are needed ... The chart speaks for itself. Chart is looking bullish. Volume is building steadily. Price is not shooting in a wild way but steadily outperforming Bitcoin...
Ascending tirangle + potential head and shoulders pattern.
QNT/BTC is currently in a rising wedge formation with the 200-day MA as support. Two breakouts have occurred above the wedge which were news-related, can be seen as noise. The last one making a new local-high was the RealVision interview with the CEO. Where the price is in respect of the 200-day moving average will indicate the trend.
Title says it all. Gonna be making our next move soon
QUANT is an important piece of the new Financial System in terms of INEROPERABILITY ! Here is what their internet site says about them: "Quant Network delivers interoperability of private DLTs and public blockchains across hundreds of banks and financial institutions." QUANT has been a very good performer during the bear market and has vastly outperformed Bitcoin...
This move has been largely anticipated ... but took a long time to materialize !! It is finally happening ! .... and will be very powerful !! We could have a backtest of the bullish ascending wedge (yellow) which would be a perfect buying opportunity ! This one is outperforming Bitcoin in a period of Bitcoin strength !! We are still early in the move and there...
Clear ascending broadening wedge with no volume. Expecting retrace to all time lows
See my previous call here. Following structure perfectly! Real Vision interview due out next week! So many great things in the pipeline for Quant Network!
Hello and welcome back. A little bit of hopium for my fellow Quanties. MACD is coiling hard and getting ready to burst. Many things in the pipeline for Quant lately, so I would not be surprised to see a move like this in the near future.
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Hello everyone. I have done another quick TA on QNT/BTC pair. It seems we are working on a continuation falling wedge pattern. I expect to see us break upwards and out of this pattern in the next few days and, hopefully, stay above the confirmation line that I have specified in a previous TA. The RSI looks primed for a move upward and the MACD is turning (yes I...
So here you can see that my previous call out was right on point. I think we will have an Elliot Impulse wave upwards to around $11.84 in the next few days. The MACD has crossed and is on track for bullish momentum. Volume is decreasing from the previous mini pump and we should see some more buyers coming in to join the fun.