- This altcoin is on fire right now because the bearish market structure is breaking out!
- On the daily chart , we can spot an inverse head and shoulders ( bullish reversal pattern) and a descending parallel channel . Both of these patterns have been destroyed by the bulls recently!
- This altcoin can definitely survive an upcoming crash on Bitcoin , so if you are pumped, then you should buy QNT right now!
- As per my Elliott Wave analysis, the new uptrend started with a strong impulse wave (1) and we have also successfully finished an ABC zigzag wave (2). Now wave 3 is in progress, and this wave you really don’t want to miss.
- The previous all-time high is indeed a strong resistance, so you can take profit exactly at this level or slightly below to make sure you will get filled.
- QNT is currently one of the most bullish altcoins in the TOP30 category, and you really want to sell ETH if you haven’t already.
- This altcoin is tremendous, and a 187% profit is really nice, isn’t it? The bulls are right here right now!
- 95% of altcoins looks terrible, but this is definitely an expection. This trade provides a pretty good risk-to-reward ratio.
Quant QNT – The most bullish high cap is breaking out!
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Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.