Yello Paradisers! Have you seen what’s forming on #QNT’s chart? A clean Head and Shoulders pattern is developing, and it’s signaling that a major move could be just around the corner.
💎The structure shows clear bullish exhaustion, with the left shoulder, head, and right shoulder all forming under weakening momentum. Price is now pressing directly against the neckline supports the final barrier before a potential trend reversal.
💎Adding fuel to the fire, #QNT has already broken below its ascending trendline, confirming that buyers are losing grip. If we get a confirmed close below the neckline with volume, the bearish setup becomes active, opening the door to more downside.
💎The first area to watch is 81.70, a minor support where short-term buyers may react. But the main downside target sits between 69.65 and 67.52, a strong historical demand zone and high-volume area that could attract heavier bids.
💎As long as QNT stays below 99.70, the bearish outlook holds. A reclaim of that level would invalidate the pattern and give bulls another shot at pushing higher.
Stay sharp, the setup is clean, but it’s also a classic trap zone.
MyCryptoParadise
iFeel the success🌴
💎The structure shows clear bullish exhaustion, with the left shoulder, head, and right shoulder all forming under weakening momentum. Price is now pressing directly against the neckline supports the final barrier before a potential trend reversal.
💎Adding fuel to the fire, #QNT has already broken below its ascending trendline, confirming that buyers are losing grip. If we get a confirmed close below the neckline with volume, the bearish setup becomes active, opening the door to more downside.
💎The first area to watch is 81.70, a minor support where short-term buyers may react. But the main downside target sits between 69.65 and 67.52, a strong historical demand zone and high-volume area that could attract heavier bids.
💎As long as QNT stays below 99.70, the bearish outlook holds. A reclaim of that level would invalidate the pattern and give bulls another shot at pushing higher.
Stay sharp, the setup is clean, but it’s also a classic trap zone.
MyCryptoParadise
iFeel the success🌴
Trade attivo
💎#QNTUSDT Hits a 12.98%– All According to Plan
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🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.