The last time we saw a coin divert like this from bitcoin during a general market downturn was LINK in 2019-2020. If things continue as they are, imo QNT is the comfiest coin to hold during a full blown 2-3 year bear.
Quant is still in a textbook bull run (higher highs, higher lows, previous resistance turns support) but that will be invalidated if it can't hold...
Quant has been consolidating in this trading channel since the end of January, almost 6 months.
It has finally confirmed a breakout, along with back test for support.
Couple this with the recent Coinbase listing, and I can see Quant breaking out to much higher levels.
Hard to pinpoint a price target, but I wouldn't be surprised to see this get up over $200...
I entered at 78.1 and plan to ride QNT up to TR-R at around 85. I'll most likely take profit there, and see if it breaks resistance. If it breaks I'll ride it up to the 1.0- 1.271 Fibonacci level and then look to parachute out.
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We have been in a long consolidation period around ~35-40 mark for a few months. This is building a solid support, which aligns with strong fundamentals the company has.
This means a lot of people have been accumulating at this range and when it does pop, it should pop pretty hard and rapidly.
We are heading into a narrow range forming a triangle from where I...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
We've broken mid-term support from upward channel around $42 and currently hovering around $34 mark.
It has been a good run since beginning of Jan (done close to 4x) and the market needs to go through its cycle.
There's a strong support around $34-$39 area so I can see it bouncing up and down here for a while to create extra strong support.
I am still bullish on...