Daljohn

Quant potential Running Wedge

BITTREX:QNTBTC   Quant / Bitcoin
QNT/BTC is currently in a rising wedge formation with the 200-day MA as support.
Two breakouts have occurred above the wedge which were news-related, can be seen as noise. The last one making a new local-high was the RealVision interview with the CEO.

Where the price is in respect of the 200-day moving average will indicate the trend.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.