Quant Price Forecast: QNTUSD Is Poised to Test the $125.25 Resistance Level Again

Service for copy trading. Our Algo automatically opens and closes trades.

The L2T Algo provides highly profitable signals with minimal risk.

24/7 cryptocurrency trading. While you sleep, we trade.

10 minute setup with substantial advantages. The manual is provided with the purchase.

79% Success rate. Our outcomes will excite you.

Up to 70 trades per month. There are more than 5 pairs available.

Monthly subscriptions begin at £58.

L2T Algo

TELEGRAM

RESULTS

Quant Price Forecast: December 21

The Quant price forecast is for the price to rise aggressively to test the $125.25 resistance level again, to break through it.

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

Key Levels:
Zones of supply: $155.70, $222.70, $111.00
Zones of Demand: $20.00 $42.40, $88.70

The Quant market is currently locked in a triangle structure. The price is seen to be tapering through the structure, with $125.25 as the resistance level and an ascending trendline acting as the support beneath the candlesticks. With the ascending trendline pushing the market from below, QNTUSD has been tugging violently at the resistance level. It is only a matter of time before the supply level weakens and is violated.

Quant Price Forecast: QNT/USD Outlook

A breakout from this phase of tapering through a triangle will see the Quant market skyrocket to higher price levels. The buyers have been at work, bouncing off the trendline to test the supply level.

The market is getting ready for another round of testing at the resistance level. The coin has pulled back towards the trendline and is preparing to spring back to the supply level.

The RSI (Relative Strength Index) indicator is just about to touch the oversold border when its tip bends sharply upwards. This suggests the price may already be rising to test the resistance level.

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

The lower Bollinger Band on the daily chart has been stretched downward due to the drop in price to the ascending trendline. The coin is now set to spring off this lower Bollinger Band as the price prepares to drive upward. This is already happening in the 4-hour time frame. The market has been helped upward by the lower Bollinger Band.

The RSI line on the lower time frame is actively rising towards the middle line. This is showing that the bullish process continues in the market, and we can expect to see an upsurge in the price toward the resistance level to break through and rise toward $227.70.

Place winning Quant trades with us. Get QNT here

Note: Learn2.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.