💎Paradisers, #QNT has recently broken out of a trendline, exhibited CHoCH in its price action, and formed an inverse head and shoulders pattern, all indicating a potential bullish move.
💎If #QNTUSDT manages to break above the resistance area, it suggests a continuation of the bullish momentum, with potential targets towards the next resistance area.
💎In the...
QNT is trading close to a crucial area of $156. This area has been a long term support area till Jan 2022 and after breaking this support area, we saw QNT quickly drop towards the lower weaker support areas.
$156 zone then turned into resistance and 4 attempts were made to break this resistance and the 4th attempt was successful where QNT broke $156 and is...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (131.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
