$QNT $QNTUSDT at $197.76 -5.70% Retracement or Accumulation? After $223.79 High.
QNT is correcting after a strong pump.
Live Data | 8:55 PM:
Last Price: $197.76 -5.70% (197.77-197.83)
24H High: 212.14 Low: 196.35 Volume 24H: 37.56M
Long: 197.76 Short: 197.75
Chart Analysis:
1H: Correction from low of $173.18 on Oct 24, pumped to $223.79 (Oct 26). Current price $197.77 RSI6: 33.03 (Short term oversold).
2H: Correction from High of $245.80 on Oct 13, bottom $173.18. Price reached $223.79 High. RSI6: 38.25 (Weak).
4H: Correction from historical high of $374.31 on Sep 30, corrected to $162.63. Price corrected to $233.19. RSI6: 45.61 (Neutral).
1D: Correction from base of $50.05 for months (June to Sep), then massive green candle to $374.31 (Sep 23). Price forming base at $197.60. RSI6: 51.09 (Healthy).
1W: Correction from long term base of $50.05 since May 2024, now $197.53. RSI6: 61.94 (Trend remains bullish on weekly).
Correction within an overall bullish trend.
Key Levels:
Support: $196.35 (24H low) / $173.18 (Oct 24 low) $50.05 major long term base.
Resistance: $212.14 (24H high) / $223.79 $245.80 / Final $374.31 ATH wick.
Trade Setup:
Bullish Confirmation: Holding $196.35 and reclaim $212.14 with volume. Price will continue to $173.18 on Oct 24, pumped to $0__245.80. 1H RSI is oversold at 33. Good setup for a bounce.
Bearish Confirmation: Break below $173.18 on Oct 24, pumped to $1__173.18. Price will continue to correct further to $162.63.
Not going short at $173.18 on Oct 24, pumped to $2__197 as RSI6 is at 33. Waiting for price to retest $173.18 on Oct 24, pumped to $3__173.18 for a better entry. Low leverage and high volatility.
Tap QNT to trade this correction.
#QNT #QNT/USDT
QNT is correcting after a strong pump.
Live Data | 8:55 PM:
Last Price: $197.76 -5.70% (197.77-197.83)
24H High: 212.14 Low: 196.35 Volume 24H: 37.56M
Long: 197.76 Short: 197.75
Chart Analysis:
1H: Correction from low of $173.18 on Oct 24, pumped to $223.79 (Oct 26). Current price $197.77 RSI6: 33.03 (Short term oversold).
2H: Correction from High of $245.80 on Oct 13, bottom $173.18. Price reached $223.79 High. RSI6: 38.25 (Weak).
4H: Correction from historical high of $374.31 on Sep 30, corrected to $162.63. Price corrected to $233.19. RSI6: 45.61 (Neutral).
1D: Correction from base of $50.05 for months (June to Sep), then massive green candle to $374.31 (Sep 23). Price forming base at $197.60. RSI6: 51.09 (Healthy).
1W: Correction from long term base of $50.05 since May 2024, now $197.53. RSI6: 61.94 (Trend remains bullish on weekly).
Correction within an overall bullish trend.
Key Levels:
Support: $196.35 (24H low) / $173.18 (Oct 24 low) $50.05 major long term base.
Resistance: $212.14 (24H high) / $223.79 $245.80 / Final $374.31 ATH wick.
Trade Setup:
Bullish Confirmation: Holding $196.35 and reclaim $212.14 with volume. Price will continue to $173.18 on Oct 24, pumped to $0__245.80. 1H RSI is oversold at 33. Good setup for a bounce.
Bearish Confirmation: Break below $173.18 on Oct 24, pumped to $1__173.18. Price will continue to correct further to $162.63.
Not going short at $173.18 on Oct 24, pumped to $2__197 as RSI6 is at 33. Waiting for price to retest $173.18 on Oct 24, pumped to $3__173.18 for a better entry. Low leverage and high volatility.
Tap QNT to trade this correction.
#QNT #QNT/USDT
