QNT已更新 QNT holding 172 & wants to breakout Down channel
QNT has been strongly staying above 172 the midpoint of the green trading range box.
Bearish scenario: if 172 breaks down & QNT enters the red warning box. Then a double bottom is possible at the red rectangle base 138-152 zone.
Bullish scenario: If QNT breaks above the green box around 200 level which should confirm the end of the abc correction & a new wave 1 will start.
Money Flow Index is still red but Wolfpack is green & Stoich Rsi is turning up.
Bearish scenario: if 172 breaks down & QNT enters the red warning box. Then a double bottom is possible at the red rectangle base 138-152 zone.
Bullish scenario: If QNT breaks above the green box around 200 level which should confirm the end of the abc correction & a new wave 1 will start.
Money Flow Index is still red but Wolfpack is green & Stoich Rsi is turning up.
註釋
Pls note that when 172 turns from resistance to support, it started the last BIG BULL RUN in Sept 2021. QNT holding above 172 may make another bull run possible.
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