Quant Price Forecast: Retest of Channel Border Signals Impending Bullish Surge
Login

Quant Price Forecast: Retest of Channel Border Signals Impending Bullish Surge

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

Azeez Mustapha

Updated:

Quant Price Forecast: March 15

The Quant price forecast is for the coin to shoot upward after it drops back to retest the upper border of its descending 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

QNTUSD Price Forecast: Retest of Channel Border Signals Impending Bullish Surge

Quant has successfully broken out of the descending channel (flag pattern) and is set for more bullish moves. However, the market has dropped back to the border of the descending channel to test it. Afterward, the coin will shoot upward toward the $155.70 resistance level.

Quant Price Forecast: QNT/USD Outlook

The Quant price has been conducted downward via a descending channel from late January until early March. In March, the buyers gained the momentum to push hard for a breakout.

Therefore, the price has successfully breached the channel and reached the immediate level above the channel at $125.25. However, the price is now retracing before an upsurge.

The Parabolic SAR (Stop and Reverse) dots remain below the candlesticks on the daily chart despite their retracement back to the border of the descending channel (flag), signifying an ongoing bullish intention.

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

The MACD (Moving Average Convergence Divergence) lines, which crossed upward on March 12, continue the uptrend on the daily chart despite the ongoing retracement. In the short time frame, the MACD lines have crossed downward with a single bearish bar accompanying it to show retracement.

QNTUSD Price Forecast: Retest of Channel Border Signals Impending Bullish Surge

The Parabolic SAR dots in the short time frame have switched above the candlesticks as the market drops back to the upper border of the descending channel. After touching the border, Quant is expected to begin an upward movement from here on out, driving the price to $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