$QNT - THIS MIGHT BE HUGE! falling wedge, bullish div, retests
huge opportunity here on QUANT!
I love quant and its fundamentals so a trade opportunity on it really makes me want to enter asap to be honest
The price created a falling wedge in the past month, which is just about to breakout
the amplitude at the beginning of it was about 20%, so given the resistance around $115, we can expect a good 18%-ish rally until those prices if we see a strong breakout
ALSO, the price created a bullish RSI divergence, which historically almost always makes the price go up, and we might be seeing the start of the uptrend in just a few 4h candles, if not even on this one!
plus, we're approaching the huge $90 support level, which may mean something
BTC is also going to rally until 41 or 42 k in my opinion, so we might see some good momentum from quant
let me know what you think about this analysis and about the trade!
also drop a like and follow me here and on twitter if you enjoyed it!
I love quant and its fundamentals so a trade opportunity on it really makes me want to enter asap to be honest
The price created a falling wedge in the past month, which is just about to breakout
the amplitude at the beginning of it was about 20%, so given the resistance around $115, we can expect a good 18%-ish rally until those prices if we see a strong breakout
ALSO, the price created a bullish RSI divergence, which historically almost always makes the price go up, and we might be seeing the start of the uptrend in just a few 4h candles, if not even on this one!
plus, we're approaching the huge $90 support level, which may mean something
BTC is also going to rally until 41 or 42 k in my opinion, so we might see some good momentum from quant
let me know what you think about this analysis and about the trade!
also drop a like and follow me here and on twitter if you enjoyed it!