$QNT is showing extreme volatility.
In my chart It's showing the 1h timeframe chart already breaks the bullish trendline.
But in this case there is not such a pattern to follow. I mean yes it breaks but not actually falling on a regular basis. Bcz this is not just a potential breakout earlier, it's kind of a manipulation.
In this time the funding fees go negative because already thousands of people short it. So the sign all we know is going downside. But we don't know why it's still here. It's all because of the manipulation and leverage.
So the actual surged for the team announcement of the development. But after its attraction, whales play with this and use retailers as a liquidity.
So most probably one more day to go before Final breakdown. Right now funding is negative so we can expect another spike for the liquidity.
#QNTUSDT #QNT
In my chart It's showing the 1h timeframe chart already breaks the bullish trendline.
But in this case there is not such a pattern to follow. I mean yes it breaks but not actually falling on a regular basis. Bcz this is not just a potential breakout earlier, it's kind of a manipulation.
In this time the funding fees go negative because already thousands of people short it. So the sign all we know is going downside. But we don't know why it's still here. It's all because of the manipulation and leverage.
So the actual surged for the team announcement of the development. But after its attraction, whales play with this and use retailers as a liquidity.
So most probably one more day to go before Final breakdown. Right now funding is negative so we can expect another spike for the liquidity.
#QNTUSDT #QNT
