Quant Price Forecast: December 9
The Quant buying time is now as the crypto’s bullish pattern currently hints at the $113.82 upper resistance level. The coin is now facing high buying pressure from the bulls and may likely grow more which is an opportunity for long-term investors. If the coin prices sustain above the $114.42 previous high mark, the bulls’ trend would continue upward and may hit the $116.00 upper high level, resulting in a buying opportunity for the coin investors.
Key Levels:
Resistance Levels: $110.00, $111.00, $112.00
Support Levels: $102.00, $101.00, $100.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair bullish pattern in play can be seen above the EMA trading very close to the upper resistance area in its higher time frame as can be seen from the chart below. This is an indication of a strong uptrend. 
During yesterday’s session, the high-order flow from the bulls also added to this bullishness. However, the bulls are readily prepared to increase the bullish pattern in play to the overhead resistance.
Today, pressure from the bulls moved the coin price up to the $113.82 supply level above the EMA-50, this shows that buyers are certainly in control of the price movement at present.
As a result, an upside breakout above the $114.42 level with a daily candle closing will provide buyers with a strong foothold to push the Quant price higher.
Following that, the underlying sentiment suggests that the bullish pattern in play will continue as indicated by the daily stochastic pointing upwards.
Buyers are expected to push the price of Quant up to a significant level, and in this case, the target could be a $116.00 supply level soon in the higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Bullish Pattern in Play to Continue
The chart below shows that the QNTUSD pair is in a steady bullish pattern in its medium-term view. Prices are above the moving averages, confirming a bullish momentum and breaking the previous high.
The increase in the momentum by the bulls at the $111.70 supply value during the past action has enabled the Quant price to stay strong above the resistance lines in its recent high.
QNTUSD is losing bearish momentum as it rises to a $112.33 high level above the moving averages as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Thus, the price could go higher than the current price, if the bulls can put more tension to the activities in the market.
Similarly, the Quant price shows more upside potential, as indicated by the momentum indicator pointing up; we can certainly expect the coin to gain and strengthen further.
The bullish pattern may likely reach the $116.00 resistance level in the days ahead in its medium time frame.
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