A thread on $QNT performance looking at the macro view. The chart below shows the top 20 performers as % increase in USDT value since the June low. This is out of the top 100 as they stood during that week. QNT is third best performer at today's price.
#QNTTalent
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For reference here's the bottom 20. If you want to see the full 100 DM me. The file's too large to display here.
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Comparing performance with other interoperability plays QNT has clearly broken out since June. Chart shows ADA, LINK and DOT.
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QNT weekly rank on CMC since June showing a steady rise. Rank is taken from historical snapshot data on CMC.
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QNT monthly rank on CMC since ICO...
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Finally here's the log chart since ICO. We had a golden cross back in August and the 50d MA remains in an uptrend above the 200d MA. Parallel channel still intact. For reference the invalidation point of the channel is around $70 - $80.
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Conclusions to be drawn here are that QNT is clearly on an upward trajectory when viewed at the macro level. Whether we see further downside in the short term remains to be seen and could be largely driven by the wider market. Long term I remain bullish.
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As correctly pointed out by @MrMoonBags ZIL was missing a digit. Updated top 20 performers below. $QNT actually the 2nd best performing asset in the top 100 since June...
It gets even better. Previous numbers were based on the CMC snapshot for WC 19th June which is taken from a certain point that week. Going chart by chart to enter the values of the actual low for each asset the chart looks like below with $QNT out performing the entire top 100.
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