$QNT Cylinder

$QNT Cylinder

QNT Accumulation Cylinder | Livermore’s Speculative Chart

Accumulation cylinders are rare patterns that frequently result in large blow-off tops.

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An accumulation cylinder is characterized by expanding volatility amidst higher highs and higher lows.

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Example: Crude Oil 2021 - 2022
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Example: $DOT (Polkadot) in 2020:
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Example: $NEAR (Near Protocol) in 2020:
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$QNT (Quant Network) is currently in what could may be an accumulation cylinder:

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While there is significant downside risk here, the potential reward should this pattern play out makes it attractive from a risk:reward standpoint. Leverage is not recommended here. It may take multiple months for this patter to play out, if it does at all.

Disclosure: Sistine Research has taken a modest spot position in $QNT on the breakout around $140.