Quant network has recently broken out of a range and tested above two key resistance areas as shown on the chart. It looks to be turning a key weekly level into support. We have a buy signal using UCTS indicator on all time frames. And...for the first time in it's history it has flipped buy on a 1 week time frame. This is very bullish. There is not much sell pressure until we test up to the red box on the chart in my opinion. Then we may see a retrace.
I don't publish this chart for those looking for a swing trade. I am personally more interested in taking a position in QNT for a mid term to long term trade opportunity. If we are able to maintain support above key weekly level on chart we should see prices breaking all time high this year in BTC and US dollar terms. I am very bullish on this project!
I don't publish this chart for those looking for a swing trade. I am personally more interested in taking a position in QNT for a mid term to long term trade opportunity. If we are able to maintain support above key weekly level on chart we should see prices breaking all time high this year in BTC and US dollar terms. I am very bullish on this project!