Quant Price Forecast: QNTUSD Poised to Rally from Bullish Flag Pattern
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Quant Price Forecast: QNTUSD Poised to Rally from Bullish Flag Pattern

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Azeez Mustapha

Updated:

Quant Price Forecast: March 20

The Quant price forecast is for the coin to drive its market to a higher key level after it breaches the descending flag channel.

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 Poised to Rally from Bullish Flag Pattern

QNTUSD is patterned by the bullish flag reversal structure to force its way higher from its current level. The coin followed this route to violate the resistance of the flag channel, and afterward, it has been pushing upward. QNTUSD is now attempting to remove the influence of the $125.25 significant level. It is then expected to drive to higher price zones around $155.70.

Quant Price Forecast: LBLOCK/USD Anticipation

Quant is now aligning with the advantages of the structure it took, which is now leading it into a bullish spree. The coin was initially ranging downwards through the flag channel, but it changed its course after a breakthrough.

The buy traders can start expecting more price increases after Quant defied the channel through the border of the flag. The coin is set to ride aggressively higher from the $125.25 support level.

At present, the EFI (Elders Force Index) line has risen above the equilibrium level, giving control to the bulls. This is a very positive indication for the buyers, who will now increase their activities.

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

Also on the daily chart, the MA Cross (Moving Average) has just made an upward cross in instant response to the bullish movement of the coin. The 4-hour timeframe shows several upward crosses of the MA Cross to confirm the upward stance of the coin at the moment.

Quant Price Forecast: QNTUSD Poised to Rally from Bullish Flag Pattern

The EFI indicator has its line fluctuating around the zero level on its chart. Currently, the market awaits the opportunity to push clear into positive territory. The coin is in an upward trend currently, and once this reflects on the EFI, then there will be a price increase toward the $155.70 key level.

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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.

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