QNT I created this drop wedge setup for QNT after the trend reversal from that double top. When it fails to make the final leg in an elliot wave usually comes into an accumulation zone which is usually formed in a cup formation for the double top retrace . So far since first drop is following thru. Expect lower highs it may not touch the top of wedge. But with this chart you can see when it is breaking the trend for a reversal warning. This is just my personal notes not to be taken to heart. But as a guideline
QNTUSD trade ideas
$QNT - Current Entry Zone$QNT is currently sitting on a strong support around $112, but could test a stronger support level down at the $106 area. Obviously this would be the best level for taking a position, but also dont want to miss an entry at the current S/R level. Im going to enter pending the next 1HR candle close (possibly longer depending on volume). Recent highs have tested resistance at $132 but could not push through. $QNT may range in this zone for awhile as it has over the past few months. This opens up potential for scalps and short time frame S/L positions. (Note: This is not financial advise)
$QNT - Key Levels and Other Info$QNT is finally moving. Crypto Twitter is buzzed about supply shortages but I haven't verified, although I know that there never was a large amount available to begin with. This could push price up if this trend continues. In this post there is nothing fancy. Just showing two big S/R levels to be aware of. After $150...sky is the limit. And by sky I mean ATH's. This, of course, is dependent on the market overall. Even if BTC/ETH continue sideways in consolidation QNT should still move. Be aware of RSI as it is approaching oversold area. This may cause a temporary correction or a support test. Which is healthy. Later.
Quant: Climber 🧗♂️Quant has continued to climb upwards, even making up for some countermovement. Now, the altcoin should press on to reach the upper orange zone between $132.40 and $169.81, where it should complete wave (i) in blue. Afterwards, we expect Quant to start a noticeable countermovement, thus dropping into the blue zone between $90.07 and $51.44. This could provide a new opportunity for market entry, as the altcoin should rise again after finishing wave (ii) in blue. So, no need to worry about missed chances!
QNT +10% gain target detectedQNT 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 top of the triangle.
Looks dubious for QNT.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.
Lets see if QNT will follow wyckoff accumulation phasesCOINBASE:QNTUSD
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 price action micro adjustment down bulltrap?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 ending ABC & a new cycle will start AFTER THISQNT 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
QNT bullish reversal patterns showing up on Alt coins ?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