@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
30.74
Analysis
1854
Correct
570
Fail
1207
Pending
77
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
QNTUSDT
Long Entry
90.1000
2025-12-08
07:23 UTC
Target
161.8950
Fail
50.7180
Risk/Reward
1 : 2
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The QNT/USDT long-term chart suggests a complex correction pattern, likely a triangle wave forming an 'e' wave within a larger 'B' wave of a correction. The current price is above the critical support level of $50.718. If this support holds, a bullish move is anticipated. However, the analysis also presents an alternative scenario where the price might enter a C wave of a downtrend, potentially targeting $10-$20. The bearish outlook is supported by the extended consolidation period and the lack of significant bullish breakouts. A break above $136.56 would signal a potential end to the corrective phase and a start of a new bullish trend, targeting higher levels outlined by Fibonacci extensions.