![Quant [QNT]: Gauging the after-effects of this pattern’s break to time entries](https://i.headtopics.com/images/2022/11/10/cryptoamb/quant-qnt-gauging-the-after-effects-of-this-patter-quant-qnt-gauging-the-after-effects-of-this-patter-1590760702704496641.webp)
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Quant’s sway below its EMA ribbons exhibited a heightened selling edge, can the sellers continue to propel losses? The altcoin noted a substantial spike in its network growth but its social dominance declined Quant [QNT] marked […]
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
After facing bottlenecks near the $210-resistance, QNT bears inflicted a sell-off as the altcoin lost its EMA ribbon support. The resulting decline caused a patterned breakdown below the 200 EMA. Given the high liquidity zone near the POC, the buyers could protect the immediate support. In such a case, the sellers would look to pose barriers near the 200 EMA in the $128-region.
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