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QNT

Quant’s next target = $221-224We have hit our recent target and now set our sights on the $221-224 breakout target of the inverse h&s pattern with the white neckline. Often times we will se a slight correction or consolidation in between going from hitting one breakout target to hitting the next. However, sometimes price action can just keep pumping until it hits both targets. As of now, we haven’t really seen any significant correction after reaching our first target here but it could still potentially correct enough to even retest the white neckline. If we were icky enough to get that steep of a correction first and the neckline then confirms as solidified support that would be a location where I would add to my position. No guarantee it will return there before reaching the $221 target though so once again hodling is paying off. *not financial advice*
COINBASE:QNTUSD
by DrDovetail
QNTUSD could validate the symmetrical triangle breakout here. Nice sized candle currently above the yellow symmetrical triangle..it has grown a mild bull wick since testing the thickerwhite line above the triangle which is the neckline to a bigger inverse head and shoulders pattern. It could come back down to retest the top trendline of the yellow symmetrical triangle…the most important thing is where the current daily candle closes and how the follow up candle behaves afterwards. As long as we close above the yellow trendline on the current candle probability favors the breakout…however breaking above the white neckline by the follow up candle and flipping it to support will really seal the deal. If we do validate the breakout I would not be shocked if price action came back down to retest the white neckline as support after reaching the triangles full breakout target at $166. If it can hold the white neckline as support after that its a good sign that the inverse head and shoulders pattern will be validating as well taking us even higher. Of course it doesnt have to retest the neckline to validate the inv h&s so wise to anticipate that outcome as well. One last thing to add is there is also a current smaller inv h&s we are breaking up from at the same time as the symmetrical. I forgot to put that patterns target on the chart but the smaller inv h&s target is $137. There’s always a possibility price action corrects after reaching 137 too. *not financial advice*
COINBASE:QNTUSDLong
by DrDovetail
4
Quant: Blue Skies 🎼Blue skies Smiling at me, Nothing but blue skies Do I see. Bluebirds Singing a song, Nothing but bluebirds All day long. If Quant would be singing this famous jazz song by Irving Berlin from 1926, it would probably rather go like this: Blue zones Beckoning me, Nothing but blue zones Do I see… From the end of wave (ii) in blue at the upper edge of the lower blue zone between $86.77 and $50.69, Quant has steadily been climbing upwards and should soon cross the resistance at $161.52. Afterwards, it should rise into the upper blue zone between $236.77 and $294.39 to finish wave (iii) in blue. There is a 40% chance, though, that the altcoin could drop below the support at $85.93 and take a detour through the lower blue zone before moving upwards effectively.
BINANCE:QNTUSD
by MarketIntel
1