$QNT #QNT 🚀
Direction: LONG
Entry zone: 196.73 to 197.51
Stop loss: 194.16
Target 1: 201.06
Target 2: 204.02
Quant is trading near 198.37 dollars, up 5.03 percent in 24 hours, inside a range of 187.47 to 204.82 dollars, and the recent closes show buyers defending the 197 level, 199.41, then 197.17, then 196.37, then 197.35, then 197.12. 🟢 My reading is that QNT is the strongest large cap mover in a fear market, because it gained more than 5 percent while Bitcoin was flat and most coins were red, with 57.3 million dollars of volume behind the move, and that kind of relative strength usually follows through when the market calms down. A long from the current zone, with a stop below 194.16, targets 201.06 first and then 204.02 if momentum holds. A drop below 194.16 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Quant push to 201.06 first, or fall below 194.16? 🤔
Follow for more trades.
#Quant #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 196.73 to 197.51
Stop loss: 194.16
Target 1: 201.06
Target 2: 204.02
Quant is trading near 198.37 dollars, up 5.03 percent in 24 hours, inside a range of 187.47 to 204.82 dollars, and the recent closes show buyers defending the 197 level, 199.41, then 197.17, then 196.37, then 197.35, then 197.12. 🟢 My reading is that QNT is the strongest large cap mover in a fear market, because it gained more than 5 percent while Bitcoin was flat and most coins were red, with 57.3 million dollars of volume behind the move, and that kind of relative strength usually follows through when the market calms down. A long from the current zone, with a stop below 194.16, targets 201.06 first and then 204.02 if momentum holds. A drop below 194.16 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Quant push to 201.06 first, or fall below 194.16? 🤔
Follow for more trades.
#Quant #Crypto #FuturesTrading #TradingSignals
