$QNT /USDT | Comprehensive Technical Analysis โ 15-Minute Time Frame
๐น 1. Elliott Waves
The upward wave (3) completed at 204.70.
The price may be undergoing a correction in wave (4).
The upward wave (5) may begin after the correction ends and a rebound is confirmed.
๐น 2. Fibonacci Extensions
๐ฏ First target for wave (5): 207.8.
๐ฏ Second target: 212.5.
๐ด Nearby resistance: 197.5โ199.5.
๐ข Main support: 188.5โ191.0.
๐น 3. Liquidity Zones
๐ด Potential sell-side liquidity below 191โ188.
๐ข Potential buy-side liquidity above 205โ208.
A breakout above 208 could open the way toward 212.5.
๐น 4. Momentum Indicators
RSI(6): 31.81 โ approaching oversold territory, with a possible positive rebound.
CVD: Increasing buying flow needs to be confirmed to support an upward move.
CHOP(14): 38.2 โ a relatively low reading, indicating the potential for a directional move.
๐น 5. Expected Scenario ๐ข Holding above 193โ194, along with improving buying flow, could push the price toward 197.5โ199.5, then 204.7.
๐ด A break below 193.7 could push the price toward 190.8โ191, then 188.5.
Examine the chart in the image carefully; it contains a detailed explanation of the upcoming price movement.
โ Summary: There is a chance of an upward rebound, but confirming an entry requires improving momentum and a breakout above nearby resistance. These levels are possibilities, not a guarantee of price movement.
$BTC
$ETH
๐น 1. Elliott Waves
The upward wave (3) completed at 204.70.
The price may be undergoing a correction in wave (4).
The upward wave (5) may begin after the correction ends and a rebound is confirmed.
๐น 2. Fibonacci Extensions
๐ฏ First target for wave (5): 207.8.
๐ฏ Second target: 212.5.
๐ด Nearby resistance: 197.5โ199.5.
๐ข Main support: 188.5โ191.0.
๐น 3. Liquidity Zones
๐ด Potential sell-side liquidity below 191โ188.
๐ข Potential buy-side liquidity above 205โ208.
A breakout above 208 could open the way toward 212.5.
๐น 4. Momentum Indicators
RSI(6): 31.81 โ approaching oversold territory, with a possible positive rebound.
CVD: Increasing buying flow needs to be confirmed to support an upward move.
CHOP(14): 38.2 โ a relatively low reading, indicating the potential for a directional move.
๐น 5. Expected Scenario ๐ข Holding above 193โ194, along with improving buying flow, could push the price toward 197.5โ199.5, then 204.7.
๐ด A break below 193.7 could push the price toward 190.8โ191, then 188.5.
Examine the chart in the image carefully; it contains a detailed explanation of the upcoming price movement.
โ Summary: There is a chance of an upward rebound, but confirming an entry requires improving momentum and a breakout above nearby resistance. These levels are possibilities, not a guarantee of price movement.
$BTC
$ETH