$QNT is looking to break upwards.
It's seen a massive run from $60 to $300+.
After such a push, it's quite normal to be having a relatively 'long' correction compared to the impulse.
The impulse took less than three days, so expecting to see a correction and consolidation of ~3 weeks is fairly normal.
It hit the previous block of consolidation and it found support.
Great bounce upwards, from $170 to $225.
I'd like to see $200 hold as support, as then it's going to be ready for a continuation move towards $285.
#altcoins
It's seen a massive run from $60 to $300+.
After such a push, it's quite normal to be having a relatively 'long' correction compared to the impulse.
The impulse took less than three days, so expecting to see a correction and consolidation of ~3 weeks is fairly normal.
It hit the previous block of consolidation and it found support.
Great bounce upwards, from $170 to $225.
I'd like to see $200 hold as support, as then it's going to be ready for a continuation move towards $285.
#altcoins
