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QUANT AND ICP – ALTCOIN CHART ANALYSIS



 ICP managed to break out of the Adam & Eve chart pattern and pumped over 20% in a very short time. The price target has already been reached. We're currently trading at around $6.60.


We were rejected just before our first resistance zone at around USD 7.52. However, there is still a chance to reach this zone as the volume at peak was extremely high. 


So it's very likely that we'll grab that last high and then see a downside reaction from here. The RSI has entered an oversold zone, so a retracement is more than likely.

Quant (QNT) also had a nice, but also very early, breakout. After we could see the formation of the ascending triangle, we saw a pump over 20% yesterday.


Here the price target was reached exactly to the dollar. We are currently trading at around USD 84. We were strongly repelled at monthly resistance R2 but are now fighting our way back in that direction.


Here too, the peak was formed with very high volumes, which is why there is a very high probability that we could get this wick again and see a first small correction from here.

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