Descending Triangle Pattern

Quant (QNT) forms a descending triangle pattern, testing resistance level A after fluctuating between support level A and resistance level B. Breaking these resistance levels could initiate an upward price trajectory.

3/14/20241 min read

Chart showing QNT forming a descending triangle pattern with resistance level A being tested, indic
Chart showing QNT forming a descending triangle pattern with resistance level A being tested, indic

QNT has developed a descending triangle pattern following its fluctuation between support level A and resistance level B. Presently, the price is undergoing a test of resistance level A, subsequently targeting the upper boundary of the triangle. Overcoming these two resistance levels will serve as a critical initiation for the upward trajectory of the price.