Quant seems to be leading the market. Continuing to pump before the other cryptos and making its way towards a potential new inverse head and shoulder neckline. Of course it doesn’t have to find resistance at this neckline, but there is good probability it will…if so it should give us a great idea of where it’s next measured move will be once it breaks above the neckline. Also vastly approaching a golden cross here. Will be interesting to see where it’s price action goes in the next couple weeks but as of now I think I can safetly predict that it will at the very least reach this white line. *not financial advice*
Yorum:
If it does meet resistance at the white line instead of just continuing above it, then I’m guessing the breakout target from the inverse h&s will be around 220-225 whenever it finally breaks above. Of course I wouldn’t be completely sure of this happening until we got clear confirmation of the breakout. If price actions just continues above the white line without resistance then this will be nullified.
Yorum:
And just like that quant is already testing the white neckline.
Yorum:
Quant has broken well above this neckline. I think its safe to say it has validated the breakout however there is still a chance it could attempt to come all the way back down to retest it before hitting the full target. Also a chance that it just keeps pumping until reaching the target.
Yorum:
Hit 225 exactly before starting to correct now!
