From TradingView · · 30s
QNTUSDT Bull Pennant Breakout Signal
QNT price breaks through pennant pattern with strong bullish momentum.
In brief
QNT price breaks through pennant pattern with strong bullish momentum. QNT price broke through 100EMA support after forming a bull pennant pattern, targeting 232.32 for 50% take profit. Originally reported by TradingView.
QNT price pattern
QNT is pulling back towards 100EMA support where it seems likely to resume bullish.
Breakout targets
Target 1: 183.26 - 100.0% take profit, Target 2: 232.32 - 50.0% take profit.
Risk management
Stop loss at 166.88 - 100.0% risk, 3 weeks estimated duration.
In short
QNT price broke through 100EMA support after forming a bull pennant pattern, targeting 232.32 for 50% take profit.
