$QNT might have one more trip upward before the real test begins.
I'm watching 200.05–201.87 for a liquidity sweep, with the broader rejection zone extending to 203.26. If price fails to reclaim this area, I see a potential move toward 189.69 and 186.89. A deeper breakdown could expose 173.3.
The 1H chart favors sellers below 200.05, and bearish BTC supports that view. But daily and weekly trends are still bullish, so this is not a short I'll take blindly.
I need a bearish engulfing, rejection pin or 15m market-structure shift before entering. Protection goes beyond the structure flip.
One-hour close above 200.05, and I change my mind.
Let the liquidity be taken first. Then I'll look for the opportunity. Educational purposes only.
I'm watching 200.05–201.87 for a liquidity sweep, with the broader rejection zone extending to 203.26. If price fails to reclaim this area, I see a potential move toward 189.69 and 186.89. A deeper breakdown could expose 173.3.
The 1H chart favors sellers below 200.05, and bearish BTC supports that view. But daily and weekly trends are still bullish, so this is not a short I'll take blindly.
I need a bearish engulfing, rejection pin or 15m market-structure shift before entering. Protection goes beyond the structure flip.
One-hour close above 200.05, and I change my mind.
Let the liquidity be taken first. Then I'll look for the opportunity. Educational purposes only.
