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Qntusdt

🚀 Watch for Breakout Confirmation and Potential Upside Targets!💎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 event of a pullback, we can anticipate a bounce from the demand area, especially if accompanied by bullish candlestick patterns. 💎However, if the demand area breaks down, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish trend in the market.
by MyCryptoParadise_Nathan
QNT - Crucial Area!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 currently trading above this zone. If this resistance can be successfully flipped to support and QNT manages to stay above or around $156, we could start seeing a bullish trend in QNT and a move towards $179, $194, $206 and $218 is possible in the short term. Once $218 is reclaimed, we can see a move towards $235, $257, $319, $421, $522 and $585 in the long run. Failure to trade above the support area of $156 could lead to a drop towards $137, $128 and $108.
BINANCE:QNTUSD
by AltcoinBuzzTrading
💡Don't miss the great buy opportunity in QNTUSD @quant_networkTrading 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 support. . The RSI is at 73. Take Profits: TP1= @ 149.9 TP2= @ 162.5 TP3= @ 177.0 TP4= @ 190.9 TP5= @ 209.3 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4