• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Quant (QNTUSD) Heading towards the $227.00 Supply Level

Johnathon Fox
02/08/2023 | UPDATED ON: 02/08/2023

Quant Price Forecast: February 8
QNTUSD is heading towards the $227.00 supply level as the coin price faces a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. The flight from the mentioned supply value could push higher prices to hit the $400.00 supply level.

Key Levels:
Resistance Levels: $230.20, $230.30, $230.40
Support Levels: $130.00, $129.00, $128.00
Quant (QNTUSD) Heading towards the $227.00 Supply Level
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair is in a bullish market zone in its higher time frame as can be seen from the chart below. The price is currently recovering and trades above the EMA-50 with its wick touching the EMA-9. This is an indication of an uptrend.

The bullish reversal at the $146.84 high value in the previous action has sustained the crypto above the trend line.

The bulls increase their pressure and move the crypto market price up to a $141.65 high level as the daily chart opens today. This makes it possible for the coin to remain positive and good for a BUY position.

In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $400.00 resistance level soon in its long-term outlook.

QNTUSD Medium-term Trend: Bullish (4H chart)
The Quant’s price is losing bearish momentum in its medium-term outlook as it rises above the $138.39 resistance level. The currency pair’s orientation trades in a general bullish flow.
Quant (QNTUSD) Heading towards the $227.00 Supply Level
If the price sustains above the $159.69 supply level, we can expect a good upside to moving up to its previous swing high of $163.14, and then we can buy there as well.

In a like manner, the momentum indicator which is pointing up also indicates that the price action of QNTUSD will remain on the upside and a $400.00 high level might be the target in the days ahead in its medium-term perspective.

Place winning Quant trades with us. Get QNT here

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Dash 2 Trade (D2T) Bulls Gather at the Support Level as Price Prepare to Rally
Next Post: Lucky Block Price Prediction: LBLOCKUSD Price is Negotiating the Upper Resistance Level »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US