QNT: Michaël van de Poppe Flags Breakout Setup
Crypto analyst @CryptoMichNL notes QNT's bounce from $170 to $225 and calls for $200 support to unlock continuation toward $285 after the prior run from $60.
SourceAnalysis
QNT has staged a sharp recovery from the $170 zone to $225, exactly as @CryptoMichNL outlined in his latest post, after the token carved out support at the prior consolidation block.
Price now sits at $213.91 on the 4h chart, pressing the upper Bollinger Band at $209.09 while the MACD holds a bullish golden cross at 3.67 and the RSI prints 69.62. The 50-EMA at $194.12 and 200-EMA at $178.68 remain the key structural supports beneath; any healthy pullback that respects the $200 level would align with the expected three-week consolidation following the sub-three-day impulse from $60 to $300-plus.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast