The post Quant ($QNT) Crypto Eyes Major Rally After Harmonic Pattern Breakout appeared on BitcoinEthereumNews.com.

Quant ($QNT) crypto is showing signs of significant bullish momentum, with technical analysis indicating a potential breakout, according to analyst VipRoseTr. The cryptocurrency has completed a harmonic pattern and is bouncing off key support zones, suggesting the start of a sustained rally. “QNT just completed a harmonic pattern and is bouncing off key support zones.” wrote VipRoseTr. Fibonacci levels highlight $148.1, $187.1, and $223.3 as critical resistance targets for $QNT, with the possibility of an explosive run beyond $223.3. $QNT Ready for a New Year Rally : New Year retracements are creating opportunities everywhere❗️#QNT just completed a harmonic pattern and is bouncing off key support zones 👀 The Fibonacci levels show strong potential for a rally to $148.1, with $187.1 and $223.3 as major… pic.twitter.com/I6jJLx67gG — Rose Premium Signals 🌹 (@VipRoseTr) January 3, 2025 VipRoseTr emphasizes that recent retracements have created lucrative buying opportunities for Quant. The harmonic pattern, a recognized indicator of trend reversals, has been confirmed as $QNT rebounded from the $95-$100 support zone, coinciding with the 0.786 Fibonacci retracement level. This key support level has historically acted as a launchpad for upward moves, making the current setup particularly compelling for traders. Support and Resistance Levels Critical for Price Action From the chart analysis, there are several support and resistance levels that have been identified as key for $QNT’s next trend. The $95-$100 level is considered as a key support level, which prevents the price from falling down and indicates the price range. – Advertisement – At the same time, the price range from $113 to $117 acts as the short-term support level, which holds the price during the temporary pullbacks during the day. QNT trading chart | source X On the resistance side, $148.1 is the main level that the traders should focus on. It is the…

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Filed under: News - @ January 5, 2025 4:46 am