Quant Price Forecast: QNTUSD Market Is About to Go Bullish

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Quant Price Forecast: March 13

The Quant price forecast is for the coin to convert to a bullish market after that. This will happen after the price rises enough to breach the upper border of the flag pattern.

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 Market Is About to Go Bullish

Quant is on the verge of converting to a bullish market after the price surges up to the upper border of its flag structure. The coin has even risen higher, forcing itself beyond the confluence of the upper border and the $125.25 significant level. The market is now trying to escape the influence of the $125.25 level, which will set it on a free path to $155.70.

Quant Price Forecast: QNT/USD Outlook

The formation of the flag began after the price could not be established above the $155.70 significant level. The buyers agreed to a bullish flag formation because the result would be to their benefit.

The market has thus been flowing downward through several key levels. It was thought that the bullish resurgence would take place at $125.25, but that didn’t happen.

The coin eventually began its resurgence after it hit the lower border of the flag. The price is now haggling to rise cleanly above the flag. The Parabolic SAR (Stop and Reverse) has reacted to the resurgence by aligning its dots below the latest daily candlesticks.

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

The EFI (Elders Force Index) power line has been fluctuating all along around an equilibrium level with no clear indication of who had the upper hand in the market. However, with the coin set to burst out of the flag formation, the power line is expected to shoot upward. This has already happened on the 4-hour chart.

Quant Price Forecast: QNTUSD Market Is About to Go Bullish

The Parabolic SAR dots on the 4-hour chart show that the price has breached the upper border of the flag structure. The coin then retests the border, which is now in confluence with the $125.25 significant level. Quant is now trying to escape the influence of the $125.25 key level and rise to $155.70.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.