Quant Price Forecast: QNTUSD Consolidates Before Imminent Rally
Login

Quant Price Forecast: QNTUSD Consolidates Before Imminent Rally

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Quant Price Forecast: March 23

The Quant price forecast is for the market buyers to gather traction and push the price up out of consolidation. The consolidation demand level remains solid to keep the price up.

Quant Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $155.70, $227.70
Zones of Demand: $101.30, $125.25

Quant Price Forecast: QNTUSD Consolidates Before Imminent Rally

Quant has broken out of its bullish flag formation. However, the market is currently accumulating on the $125.25 significant level, which lies just atop the flag channel. Serval indicators point to buyers waiting in the wings to influence the market once it matures for a breakout.

Quant Price Forecast: QNT/USD Outlook

Quant has broken out of its bullish flag formation, and now the buyers are trying to further their course. However, the market is currently ranging.
The price is trapped above the key level of $125.25, which is just above the flag channel. The market has thus been accumulating above it. The buyers are still very active, and any breakout will be to their advantage.
The bullish intent of the coin is demonstrated by the Stochastic Oscillator lines which have pushed strongly from the oversold border to the overbought region border.

QNT/USD Medium-Term Trend: Bullish (4-hour chart)

In addition, despite the ongoing price accumulation, the MA Cross has just crossed upward, indicating the general direction of price movement. However, on the 4-hour chart, the MA Cross lines are now undulating through the candlesticks laterally.

Quant Price Forecast: QNTUSD Consolidates Before Imminent Rally

Meanwhile, the Stochastic Oscillator lines on the 4-hour chart are undulating with the oversold border and the middle line of the Stochastic chart. In general, the coin, having broken out of the flag formation, is now in an accumulation stage. The bulls have the upper hand when the price matures for a breakout. The total will then be $155.70.

Place winning Quant trades with us. Get QNT here

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News