QUANT - QNT/USDT - 1H - Technical analysis published on 04/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 104.60 USDT
My targets
110.38 USDT (+2.47%)
112.64 USDT (+4.57%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on QUANT - QNT/USDT as long as the price remains well above 104.60 USDT. The buyers' bullish objective is set at 110.38 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 112.64 USDT. If there is any crossing, the next objective would be the resistance located at 115.17 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QUANT - QNT/USDT rating is 107.72 USDT. The price is lower by -0.52% since the last closing with the lowest point at 105.52 USDT and the highest point at 109.28 USDT. The deviation from the price is +2.08% for the low point and -1.43% for the high point.105.52
109.28
107.72
Here is a more detailed summary of the historical variations registered by QUANT - QNT/USDT:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of QUANT - QNT/USDT in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 4 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 99.97 | 102.20 | 104.60 | 107.72 | 107.83 | 110.38 | 112.64 |
| Change (%) | -7.19% | -5.12% | -2.90% | - | +0.10% | +2.47% | +4.57% |
| Change | -7.75 | -5.52 | -3.12 | - | +0.11 | +2.66 | +4.92 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.08 | 103.39 | 105.84 | 108.15 | 110.60 | 112.91 | 115.36 |
| Camarilla | 106.97 | 107.41 | 107.84 | 108.28 | 108.72 | 109.15 | 109.59 |
| Woodie | 101.14 | 103.43 | 105.90 | 108.19 | 110.66 | 112.95 | 115.42 |
| Fibonacci | 103.39 | 105.21 | 106.34 | 108.15 | 109.97 | 111.10 | 112.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.48 | 82.10 | 95.94 | 105.56 | 119.40 | 129.02 | 142.86 |
| Camarilla | 103.34 | 105.49 | 107.64 | 109.79 | 111.94 | 114.09 | 116.24 |
| Woodie | 74.60 | 83.16 | 98.06 | 106.62 | 121.52 | 130.08 | 144.98 |
| Fibonacci | 82.10 | 91.06 | 96.60 | 105.56 | 114.52 | 120.06 | 129.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.66 | 85.89 | 109.10 | 129.33 | 152.54 | 172.77 | 195.98 |
| Camarilla | 120.35 | 124.34 | 128.32 | 132.30 | 136.28 | 140.26 | 144.25 |
| Woodie | 67.14 | 86.64 | 110.58 | 130.08 | 154.02 | 173.52 | 197.46 |
| Fibonacci | 85.89 | 102.49 | 112.74 | 129.33 | 145.93 | 156.18 | 172.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.41 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | -4.09 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 107.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 108.82 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 109.78 | |
| Zig ZAG (10): | 107.80 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 52.17 | |
| TEMA (21): | 107.31 | |
| Williams %R (14): | -36.61 | |
| Chande Momentum Oscillator (20): | -1.00 | |
| Repulse (5,40,3): | 0.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.28 |
| MA7: | 106.69 | |
| MA20: | 110.49 | |
| MA50: | 121.10 | |
| MA100: | 115.08 | |
| MAexp7: | 107.39 | |
| MAexp20: | 107.62 | |
| MAexp50: | 107.57 | |
| MAexp100: | 106.95 | |
| Price / MA7: | +0.97% | |
| Price / MA20: | -2.51% | |
| Price / MA50: | -11.05% | |
| Price / MA100: | -6.40% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.72% |
Quotes :
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Real time data
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