Cassini Capital Profile picture
Sep 18 ā€¢ 11 tweets ā€¢ 14 min read
#QNT Medium term outlook from a technical perspective:

A chart thread šŸ§µ

#cryptocurrency #Cryptos #altcoins #Quant $QNT #QNT #CryptoNews #Crypto

1/9
We all know how promising #QNT is from a fundamental perspective. In this thread I want to explore #Quant from a TA POV both bullish and bearish medium term scenarios

šŸ‘‡

2/9
Bullish Scenarios-

The chart below displays #Qnt's impressive bullish momentum:

- Price above 50d, 100d and 200d ema (not many alts can say this!)

- Crucially, the 50d is above the 100d which is above the 200d. This formation is seen in bull markets such as 2020/21

3/9 Image
On the weekly I like to use the 8w, 21w and 50w ema:

- Price is holding the 8 and 21 ema as support but 50w acting as a resistance

- 8w ema has crossed the 21w (bullish) but....

- Bulls need to see the 8 above the 21 above the 50 as per 2020 to be full momentum bull

4/9 Image
#QNT Weekly horizontal/diagonal resistance and pattern:

- Bullish break of the diagonal bear market trend line
- Major horizontal resistance (orange box) above
- Inverse head and shoulders in play
- All above points rhyme with the start of the 2020 bull

5/9 Image
#QNT / #BTC :

- All major resistance taken out apart from ATH
- Price above 0.618 fib
- Lovely bullish weekly ema formation, price bouncing off 8 ema showing strength
- Looking good as long as 618 and emas hold as support and maintain formation (8 above 21 above 50)

6/9 Image
Bearish Daily scenario:

- Price possibly forming bearish head and shoulders below key weekly resistance (orange box)

- If this played out price would likely fall back to retest the bear market diagonal trend line

- If the trend line holds and price forms a higher low ...

7/9 Image
... although short term bearish, this could still be interpreted as bullish from a medium term perspective.

Bullish momentum buyers may look to add to positions if price retests the key daily and weekly emas shown in the earlier charts but should be weary of the daily h+s

8/9
I hope you find these charts useful and informative.

Please like, share, comment and follow for more #crypto insights.

9/9

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More from @cassinicapital1

Sep 27
#QNT On-Chain šŸ¤Æ

A short thread šŸ§µ

MIND BLOWN! šŸ‘‡

1/7

$QNT #cryptocurrecy #Crypto #Cryptos #cryptoworld #cryptomarket
Last week I released a mega thread breaking down $QNT from a technical perspective. If you haven't read that yet check it out:



Today, I want to share with you 1 simple on-chain chart that has blown my mind. I haven't seen anyone else mention this šŸ‘‡

2/7
We know that Metcalfe's law is a great way to derive the value of a crypto asset. It states that the value of a network is equal to the square of the number of users. More users = more valuable network. Let's look at a chart of the active users of #QNT:šŸ‘‡

3/
Read 10 tweets
Sep 26
#Dollar Wrecking Ball Analysis

A short chart thread šŸ§µ

#DXY #StockMarket #Stocks #CryptoNews #Cryptos #Crypto

1/8 Image
We are all aware that a strong relative #Dollar acts as a headwind for risk assets such as #Stocks and #Crypto. the dollar has ripped higher this year whilst risk assets have been annihilated. As the fed sucks dollars out of the system, the demand for dollars increase,

2/8
further increasing the relative strength of the #dollar.

So now we understand the importance of a strong relative #dollar for #stocks and #Crypto, lets delve into the charts...

3/8
Read 8 tweets
Sep 23
#XRP from a Technical perspective:

A chart thread šŸ§µ

1/

$XRP #XRPUSD #XRPArmy #XRPCommunity #XRPCommunity #Ripple #CryptoNews #Crypto #cryptocurrency #Cryptos
I have been involved in #XRP since 2017 and I have been watching patiently during this last 2 year Law case with the SEC. @attorneyjeremy1 has covered this diligently throughout and it appears things are heating up šŸ”„

Lets look at the charts, bullish and bearish:

2/10
Support/resistance and trend line:

- Price has entered the first key HTF resistance level

- Price still below the bear market diagonal trend line/ zone

- These are both key zones, if price can flip these into support it would be extremely bullish

3/10
Read 11 tweets

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