Hi guys, right now it seem to follow accumulation phase. But we are living in strange times, traders has enjoyed great swings on this coin, and will continue doing so.
Lets see what will happen in near future, prepare for 4-6 month accumulation phase. I am not a pro trader, but I try to develop and spot things now and then.
QNT displays a solid triangle pattern with a high probability target that's good for over 10% gains. In the previous wave down, I detected very high bullish momentum. The lengthy buildup of the triangle tells me that the wave up has that much more momentum than the other coins. This coin has sufficient energy in this down wave for the price to break through the...
...for my fan club. Enjoy!
The plan is still to buy and hold QNT when BTC bottoms out near 20k.
Am currently long for a bounce off the lower line of the current triangle. Price might visit the upper line of the triangle, target in the 140s.
A descending series of symmetrical triangles. Don't be surprised to see QNT visit the recent low of ~83.
I'd like to get a buy-and-hold on QNT when BTC bottoms out, but where will that be -- 30k? 25k? 20k? Lower?
A swing long on QNT is in the cards for me if BTC is at support when/if QNT hits 83-ish.
after a 28% price action rise this past week we will see a micro adjustment down as whales take some profits look for 111 price action if support does not hold look to 106-$102 price
this project is starting to garner some attention in crypto markets by savy investors it is pretty tightly held hence we see fluctuations in price action.
QNT just made a 9% move & may BO of cloud very soon. It is impt to WAIT for it to break above the green dma 50 & turn it into support. As you see in the chart, this green line has been rejecting QNT for a long long time. Breaking that will mean a change in character.
Not trading advice
- An absolute beast of a project QNT is part of the ISO20022 and will do really well in the long run!
- Also QNT has a smaller supply than BTC of only 12 MILLION coins
- Market cap is only $1 Billion, QNT is still a baby
Pretty much looks like its retesting the upper line. Do or die from here on out, Quant.
Cmon baby. Will you bounce like the beast you are? or will you die in a horrible fiery hellstorm for all eternity?
indicators are showing consistant trending movement in a more bullish direction. Is this setting up for a bull trap ? Perhaps maybe not .
Price action looks good short term targets are out in 121+ however could see a dip to around 104-102 range before onward momentum upwards to price targets 133 short term
Lead indicators are still bullish for this project an will continiue on short term 24-48 hours choppy action downward.The trading houses are closed for weekend an retail holds the fort .
Look to a price dip an retest the 82-85 an a push down on 4 hour to around 95 should see good buy opportunities again today as BTC is almost done on its correction.
I do think the choppy rides are not done yet we may see today the further slide as the big financial markets slide in lower price action correction.
I could see easily a 118-119 price action dip an if it slides lower possibly even down as low as $80 dollars I will accumulate more at the 119 level an then more at 100 or lower.