🔥 QNT Bearish Triangle Break Out: Great Short?QNT has been trading inside a bearish triangle pattern since September last year. With the most recent break out below the bottom support area, bears are more likely to step into a bearish bet.
I'm waiting for the price to make a new local low, a daily close below 89.9 will do the trick. We don't want to be trading a fake out!
Target at the 2022 lows.
QNT
QNT/USDT what next bearish or bullish?? 👀Quant Today Analysis💎 Paradisers, let's turn our attention to QNTUSDT, which is currently forming a descending triangle and appears poised for a downward breakdown👀
💎 Upon deep analysis, we find that the Point of Control (POC) in the volume profile is acting as a resistance level at 103.9. High volume at this point suggests increased selling pressure. If the price of #QNT fails to break below the $90 support level, a retest of this resistance is likely.
💎 Additionally, there's a Fair Value Gap (FVG) and inefficiency below. Should the current support level of $90 break, we can expect the price of #Quant to mitigate to that level and potentially initiate a bullish continuation from there.
💎 Both scenarios are plausible, so if you're planning to trade, it's advisable to wait for a clear setup.
Keep your charts updated and Stay one step ahead of the market 🌴
QNT: Descending Triangle BreakoutQuant (QNT) technical analysis:
Trade Setup : Bullish breakout from Descending Triangle, which could see the price revisit 200-day Moving Average (minor resistance level ~ $118). If it breaks above that ($118), then that would confirm trend reversal, with upside potential to $130.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $100, then $87. The nearest Resistance Zone is $130 (previous support), then $160, and $225.
Range-Bound Trend and Support Break PossibilityQNT is currently experiencing a range-bound trend, fluctuating between a support level of $99 and a resistance level of $117. Following a recent significant upward movement in daily candlestick time, the currency's price retraced to the $100 support level to test the initial support from the beginning of that movement. As a result, there is still demand in this area. However, the drop has been substantial, raising the possibility of a breakthrough of this critical support level. The limited transaction volume indicates the continuation of the range-bound trend within this range. If the support level is breached, there is potential for the price to further decline towards the $69-73 support range. This support level is considered a strong demand zone, and we can anticipate favorable price growth from this point.
Regarding the RSI level of 43, it signifies the Relative Strength Index (RSI) value for QNT. The RSI is a technical indicator that measures the strength and momentum of a security's price movement. A value of 43 indicates that the RSI is in the neutral zone, suggesting that the price may not be overbought or oversold at the moment.
Prolonged Movement Above Static Range and Potential BreakoutOver the course of approximately 300 days, the QNTUSDT price has consistently surpassed the significant static range, but not without encountering multiple instances of resistance, each resulting in a smaller upward movement compared to previous occurrences. However, there is a possibility that it could eventually break out of this range. If such a breakout is confirmed, the specific levels indicate potential downward targets for the price.
Quant explosive breakout opportunity awaits!👀qnt today analysis💎At present, QNT is entangled in a triangle pattern, positioning itself near a potential breakout point as the price range narrows towards a convergence point. This breakout suggests an imminent shift in market sentiment and a likely increase in price volatility.
💎QNT shows a significant surge in volume. The presence of high volume during this phase indicates substantial price movement.
💎 The buying liquidity for QNT involves assessing the level of demand suggests a higher likelihood of upward price movement.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
QNT Quant Cryptocurrency Buy AreaQNT Quant is not a bad project, but still not a buy for me!
In my opinion, QNT (Quant) crypto appears to address a significant challenge in the blockchain space by focusing on bridging disparate blockchains. The ability to create multi-chain applications or mApps using Quant seems promising, as it enables enhanced usability and communication between different blockchain networks. This is particularly crucial in the cryptocurrency landscape, where interoperability and seamless connectivity among various projects and platforms can greatly benefit the industry as a whole. By facilitating cross-blockchain communication, Quant has the potential to unlock new possibilities for developers and users, fostering innovation and efficiency within the decentralized ecosystem.
I have a large buy area in which I'm willing to average down if it`s the case: $41 - $71.
looking forward to read your opinion about it.
QNT ANALYSIS (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the QNT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The Quant Monster :) Quant Network GPW:QNT
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Many have said it's a 4 digit coin (left side of the decimal) and I have a good feeling their right and come next bull run it'll more than likely do very well. What I have noticed is it doesn't like to move much unless Bitcoin is moving sure many are the same of course but some are even more so and QNT seems to be that case so, lets see if Bitcoin can get to moving :)
Daily chart MACD impulse line has crossed the signal line (highlighted below) along with trading above the MA. Just could use more volume to kick things off perhaps :) will see soon enough some have priced next gains between 240 - 320 not bad at all perhaps it'll happen today but time will tell soon enough.
Keep an eye on $QNT/USDTJust breakout on daily timeframe. If it continues and retest the OB Point after the retest, then might be start flying!!!
Stay updated.
Kindly wait for retest of the structure and target region marked
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QUANT and the 'Digital Pound Foundation' 💂💷Quant (QNT): An Highly Efficient Enterprise Grade Blockchain
QUANT
Quant is a top enterprise-grade network business leverage to improve efficiency by allowing them to harness the benefits of blockchain technology to the fullest. The blockchain network proffers practical solutions to common problems facing enterprises in different sectors, especially the finance and asset management niche.
The highly interoperable protocol leverages DLT (Distributed Ledger Technology) to achieve its functionalities. It helps businesses reduce risk exposure levels and operations costs while ensuring increased interoperability. Quant’s functions, especially in the business sector, have made it popular amongst many enterprises, especially Fintechs.
The blockchain network is constantly upgraded to remain relevant and highly functional for users. This increases its tendency of meeting up with any new demands users could possibly have. The protocol’s base currency, Quant (QNT), is used for payment on the platform. This includes any necessary network fees either for licenses or other transactions.
Quant and the Digital Pound Foundation:
For many years, the UK has boasted one of the world’s most advanced payment infrastructures, and has been a leading centre of financial innovation. But times – and, perhaps more relevantly, technologies – change. And one of these recent changes could seriously weaken not only the UK’s leadership position, but its ability to compete effectively on the global financial stage.
We’re talking of course, about the move towards digital assets and central bank digital currencies. And to see why this represents a threat to the UK’s global and domestic financial performance, consider some statistics. According to PwC, for example, more than 60 central banks have been exploring CBDCs since 2014*, and the number is increasing, while recent research from the Bank of International Settlements recently found that some 80% of the central banks surveyed were engaged in research, experimentation or development of a CBDC**. Clearly, the global financial trend is toward a digital asset future. And it is a trend which will surprise no-one who is familiar with the many benefits of digital currencies: benefits that include greater trust, increased privacy, improved transparency, more innovation, higher flexibility and wider financial inclusivity. Unless the UK develops a sovereign digital currency that is able to participate fully and actively in digital ecosystems, it will not see these benefits, and is unlikely to achieve the same standard of economic social and political growth as other nation states.
But, while the benefits of a digital currency may be huge, the challenges – technical, social and regulatory – are also very significant. And the question of how these challenges can best be met is critical to every country engaged with a CBDC roadmap. The Bank of England is fully aware of this, and has recently published discussion and consultation papers on the subjects of both a retail and wholesale CBDC. It is also part of a new group, created by the BIS and consisting of several other central banks, with a mission to share experiences in assessing the potential cases for a CBDC in their home jurisdictions, considering economic, functional and technical design choices.
Although the Bank of England holds the central role in designing and implementing a digital Pound (d-GBP), it is supported by the Digital Pound Foundation, which has a mission to assist policy makers in the creation of a well-designed Digital Pound (d-GBP) by bringing a broad spectrum of expertise and experience, producing exploratory pilot programmes, and providing technical insights. Initially conceived by members of the Whitechapel Think Tank, the DPF aims to create an inclusive and effective collaboration that fully examines the implementation of a d-GBP, and addresses not only questions such as the design, implementation and successful adoption of CBDC, but which also considers the wider impact of a digital Pound on the UK’s economy and society. The Initiative will also address, campaign for and provide constructive input in other key areas, such as privacy, financial inclusion and technology inclusion, and will consider the role to be played by a d-GBP in both enabling the UK’s transition to a digital economy and underpinning more efficient, sustainable payments.
Quant supporting the DPF initiative. As a pioneer in distributed ledger technology, Quant’s experience of working with banks, inter-governmental organisations and private industry positions the company perfectly to contribute to the realisation of the Initiative’s vision. In particular, Quant is collaborating with the DPF to deliver interoperability: the ability to interoperate with the existing and emerging global payments infrastructure, as well as traditional means of payment (including cash and electronic money). Meeting this challenge is key to the success of a UK CBDC – or, indeed, any CBDC. However, a practical way of meeting this challenge has, until quite recently, evaded the industry. This is where Quant’s breakthrough technology is proving critical. The first and only solution to deliver true universal DLT interoperability, Overledger seamlessly interconnects private and public networks, enterprise platforms and DLTs, easily and securely at scale, without introducing complexity or additional infrastructure. By deploying Overledger, a CBDC such as the d-GBP can interoperate on a number of underlying DLTs and be used in cross-border applications, regardless of the DLT infrastructure. Already used in national and institutional infrastructure, Overledger enables any commercial bank or financial institution to integrate their core banking systems to all new networks of digital assets and CBDCs.
Quant supports the DPF’s conviction that a digital Pound will be the first step in creating a foundational digital infrastructure that will underpin the next generation of the UK’s economy and society. The DPF, with the help of member organisations, such as Quant, who can provide valuable technology, experience and insights, will help to ensure the goal of establishing a d-GBP is reached as soon as possible, and with appropriate, collaborative guidance, oversight and direction.