optimystery

QNT looking scrubby, waiting for new trend lines to form

BITTREX:QNTBTC   Quant / Bitcoin
Quant has been pretty good for range trading recently, but has fallen out of a larger upsloping trend (fib channel).
It has low volume and can be volatile, though recently less so, and also recently is not printing anything that tidy or easy to trade (for me at least).

Currently waiting for a re-entry to break even on my last trade and see what develops pattern-wise.
I'm up a few % in QNT , buying, selling and increasing the overall holding.
QNT dumps hard when BTC pumps.

Still bullish on the fundamentals. Quant calls itself an OS for blockchain and has some much talked about SIA partnerships.
It is one of those Alts that could potentially moon.

Comments

QNT rebounded after the weekend dip, as it did the last 2 weekends.
Met my .000813 target for break even.
Will wait to see where this week's lines form for more range trading.
Overall I'm up 16% on this one.
Reply
QNT has dumped the last 3 weekends in a row, and rallied back on monday.
Let's see if it rebounds this monday.. it pays to be patient
Reply
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