QNT

📊 QNT Update QNT is testing the red resistance zone 🔴 If it breaks out, the first target will be the green line level ✅

#QNT reached the support zone and moving near it flip level. Price trading inside the small channel pattern and now its over the resistance, so expecting a break of the pattern and rally towards the next resistance area. Support Area : $82.70 - $84.80 Resistance Area : $100 - $103. Top Resistance : $147 - $153

Please be patient while buying on this chart; let it form some strong green candles around the support level.

4 hour TF shows QNT making good progress towards the 1st wave in teal. As shown in the image included with this post, we have recently finished a wave 4 running triangle correction to the downside. Next, wave 5 should press onwards, if my wave 5 extends beyond $106.82 / the red 1:1 fib ratio of wave 3, it will invalidate this leg of the impulse and i will have to rework the wave count on this 3rd wave in aqua green color.

📊 QNT Market Update QNT has formed a bearish Double Top pattern ⚠️ and broke the blue support level 🔵 If the price keeps retracing down to the green zone 🟢, it could bounce again and give a potential long entry from this zone with confirmation ✅

I have provided my Macro Double 1,2 Impulse Elliott Wave count for Quant cryptocurrency. I have plotted the forecast as i see it using Fibonacci targets as confluence, as well as "The Right Look" as this is more important than any one Fib Target in Elliott Waves. I expect wave 3 in Teal (Subdegree impulse of Red Impulse) to be our biggest wave 3 to the upside, this will be followed by the 4,5s in Red, and Lime impulses building to the upside, this should create a diagonal looking structure after the obvious wave 3 thrust has finished. This is a longterm analysis and the pattern could go on beyond the mid 2029 area as i have marked out, or it could be a bit shorter in time, im no Gann trader yet so we will have to stick with the structure provided by Elliott Waves. Also plotted are the Base Channels for both main impulses. Using the Kennedy Channeling Technique you expect the wave 4 pullback to find support at the top or midline of base channel. This is just scratching the surface using the Kennedy Channels, as any more channels would make this chart less aesthetically pleasing and too busy. Happy Trading! See ya in 2029!

📊 QNT Market Update QNT is testing the red resistance zone 🔴 If it breaks out with confirmation, the first target will be the green line level 🎯

📊 Analysis QNT (Time Ferry 1H) 🔹 It is now on the support area. ✅ Scenario first: If you lose the current support, there is a possibility of falling up to the 4K range, then it can have a mutation upwards. ✅ Second scenario: If it maintains support, it is capable of moving up to the 4K range and then it is likely to return to 4K again. 📌 You can have a Buy / Sell strategy on these areas. ⚡️ Capital management must be respected.

QNT is still respecting its long-term resistance line. Every time price has tried to break above it, sellers have stepped in, keeping the structure bearish. Right now, QNT is holding above a key zone that has acted as strong support in the past. If buyers can defend this level and push back toward resistance, we could see another test of the upper line. In short: support is holding, resistance is heavy, the real move comes only if QNT can finally break through that long-term resistance line. DYOR, NFA Stay tuned for more update!

QNT is currently retesting a historical demand zone in the range of $89.76 – $97.77 (Fibonacci 0.5–0.618 confluence). This level has repeatedly acted as a strong pivot point since 2022, and now the market faces yet another decisive moment. --- 🔎 Technical Analysis Long-Term Trend: Since topping around ~$432, QNT has been in a broader downtrend forming lower highs. However, since 2023 the market has shifted into a sideways accumulation phase above the $80–$100 range. Key Zone: The highlighted yellow zone ($89.76 – $97.77) is a pivotal demand area. Holding this level could trigger a strong rebound, but a breakdown below would expose much lower targets. Nearest Resistances: $118.76 → $137.10 → $161.96 → $193.54 Extreme Supports: $70.00 → $40.82 --- ✅ Bullish Scenario Confirmation: A strong weekly close above the demand zone, followed by bullish continuation candles with volume. Stage 1 Target: $118.76 (≈ +32% upside from $89.76) Stage 2 Targets: $137.10 → $161.96 → $193.54 if momentum accelerates. Pattern Outlook: Potential double bottom / re-accumulation structure on the weekly timeframe, waiting for breakout confirmation above key resistance. --- ⚠️ Bearish Scenario Risk: A weekly close below $89.76 (0.618 Fib) would confirm breakdown of the demand zone. Downside Targets: $70.00 as the next support, with a potential retest of the historical low at $40.82 if bearish pressure intensifies. Pattern Outlook: A breakdown here could trigger long liquidation cascades and accelerate the bearish trend. --- 📌 Setup & Risk Management Aggressive Entry: Scale in within the $89–$98 range, but only with daily/weekly bullish confirmation (pin bar / engulfing close). Conservative Entry: Wait for a confirmed breakout + weekly close above $118.76 to validate trend reversal. Stop Loss: Below $84 (under the 0.618 Fib + historical wick support). Risk-to-Reward Example: Entry $94, stop $84, target $118.76 → R:R ≈ 2.48 : 1. --- 🎯 Conclusion The $89.76 – $97.77 demand zone is the make-or-break level for QNT in the mid-term outlook: Hold → potential rebound rally towards $118–$193. Break → bearish continuation likely, with targets down to $70 or even $40. QNT is at a critical crossroads: will this demand zone once again spark a rally, or will it finally give way to a deeper breakdown? --- #QNT #QNTUSDT #Quant #Crypto #TechnicalAnalysis #PriceAction #Fibonacci #SupportResistance #CryptoTrading #SwingTrade