QUANT - QNT/USDT - Daily - Technical analysis published on 01/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 123.49 USDT
My targets
88.20 USDT (-9.84%)
85.12 USDT (-12.99%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on QUANT - QNT/USDT as long as the price remains well below 123.49 USDT. The sellers' bearish objective is set at 88.20 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 85.12 USDT. In case of crossing, the next objective would be the support located at 30.01 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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Additional analysis
Quotes
QUANT - QNT/USDT rating 97.83 USDT. The price registered an increase of +0.64% on the session and was between 95.99 USDT and 100.95 USDT. This implies that the price is at +1.92% from its lowest and at -3.09% from its highest.95.99
100.95
97.83
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of QUANT - QNT/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 30.01 | 88.20 | 97.83 | 161.65 | 205.84 | 315.10 |
| Change (%) | -69.32% | -9.84% | - | +65.24% | +110.41% | +222.09% |
| Change | -67.82 | -9.63 | - | +63.82 | +108.01 | +217.27 |
| Level | Major | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.14 | 85.20 | 91.21 | 95.27 | 101.28 | 105.34 | 111.35 |
| Camarilla | 94.44 | 95.36 | 96.29 | 97.21 | 98.13 | 99.06 | 99.98 |
| Woodie | 82.11 | 85.69 | 92.18 | 95.76 | 102.25 | 105.83 | 112.32 |
| Fibonacci | 85.20 | 89.05 | 91.43 | 95.27 | 99.12 | 101.50 | 105.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -17.77 | 33.17 | 66.13 | 117.07 | 150.03 | 200.97 | 233.93 |
| Camarilla | 76.01 | 83.70 | 91.39 | 99.08 | 106.77 | 114.46 | 122.15 |
| Woodie | -26.77 | 28.68 | 57.13 | 112.58 | 141.03 | 196.48 | 224.93 |
| Fibonacci | 33.17 | 65.22 | 85.02 | 117.07 | 149.12 | 168.92 | 200.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.12 | 123.49 | 151.00 | 189.37 | 216.88 | 255.25 | 282.76 |
| Camarilla | 160.39 | 166.43 | 172.47 | 178.51 | 184.55 | 190.59 | 196.63 |
| Woodie | 79.69 | 120.78 | 145.57 | 186.66 | 211.45 | 252.54 | 277.33 |
| Fibonacci | 123.49 | 148.66 | 164.20 | 189.37 | 214.54 | 230.08 | 255.25 |
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): | 26.45 | |
| MACD (12,26,9): | -21.8100 | |
| Directional Movement: | -24.69 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 98.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.63 | |
| Elder Ray (13): | -15.71 | |
| Super Trend (3,10): | 141.50 | |
| Zig ZAG (10): | 97.73 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 13.94 | |
| TEMA (21): | 89.08 | |
| Williams %R (14): | -83.72 | |
| Chande Momentum Oscillator (20): | -61.96 | |
| Repulse (5,40,3): | -1.7600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.6400 | |
| Courbe Coppock: | 78.53 |
| MA7: | 100.16 | |
| MA20: | 132.85 | |
| MA50: | 163.76 | |
| MA100: | 203.06 | |
| MAexp7: | 102.49 | |
| MAexp20: | 125.99 | |
| MAexp50: | 157.73 | |
| MAexp100: | 183.13 | |
| Price / MA7: | -2.33% | |
| Price / MA20: | -26.36% | |
| Price / MA50: | -40.26% | |
| Price / MA100: | -51.82% | |
| Price / MAexp7: | -4.55% | |
| Price / MAexp20: | -22.35% | |
| Price / MAexp50: | -37.98% | |
| Price / MAexp100: | -46.58% |
Quotes :
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Real time data
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