Descending triangle in Quant* Quant in 4H time frame forms a Descending triangle pattern, with the above trend-line as it's resistance and the support near $145.
* The Descending triangle is considered to be either bullish or bearish.
* If the price breaks either side of the pattern we can see healthy move.
QNTUSDT.P trade ideas
Quant is in a big run!Quant is a very good project with good fundamentals. Quant is pumping quite nicely and heading higher, but i think some correction is incoming. I think a healthy 60 percent correction is incoming because of the pattern. But after some correction i would buy some Quant. We also formed a double top which indicates a healthy drop to the area of 100 to 80 dollars.
qntusdtThe ascending mark was representing a take out profit for short interval while awaiting for another retest of the nearest resistance.
In other case this can be seen as great chance for a possible entry.
Always set stop loss in every position.
-Use risk management and be ready for all scenarios
-Don't forget likes and follow for more ideas and signals
-Best of wishes ✔🙏
quant trial for technical analysis idk manthis is for quant. it might go up. ot might go down. following the impulse rightnow... i drew some lines on my computer and i think that it will soon continue its its impulse to the $250 mark and then retracesignificantly. this is just for educational purposes
$QNT to <$50Technical analysis is not looking promising on $QNT currently. The extreme increase it has seen recently in price during a period of the market being extremely weak and the hype around it makes me believe it is the number one contender for a big dump imo. $QNT has reached the end of an Elliott impulse wave and has just established an AB of the counter trend wave. I believe the green line drawn is very unlikely but left it there as bullish of bullish scenario. I believe that considering the weak market i am seeing in crypto currently and the fact that $QNT has pumped to crazy levels makes QNT a ticking time bomb in my eyes. I recommend if you are in QNT as a mid term investment to take profits especially if you got in late. Hope this helps some people.