Quant/Bitcoin Market Overview: QNTBTC Gaining Momentum

Summary
• QNTBTC posted a 0.79% rise over 24 hours, closing at 0.0007181.
• Volatility spiked mid-day, with a 0.106% range between high and low.
• Volume surged in the final 3 hours, indicating potential trend acceleration.

Market Overview

Quant/Bitcoin (QNTBTC) traded with renewed vigor on 2025-11-05, opening at 0.0007181 and hitting a high of 0.000845 before closing at 0.0007181 at 12:00 ET. Over the 24-hour period, the pair moved within a 0.000126 range, with a total volume of 1,142.12 units and a turnover of approximately $817,000. The price action suggests growing buyer interest, particularly after 14:00 ET when a sharp rally pushed the pair above critical psychological levels.

Structure & Formations

On the 15-minute chart, QNTBTC formed a series of bullish patterns, including a strong bullish engulfing pattern at 14:15 ET, which marked the start of a sharp 4.8% move upward. Key support levels were identified at 0.0007142 and 0.000706, both of which held during the initial consolidation after the breakout. Resistance levels at 0.0007205 and 0.0007343 were sequentially tested but not decisively breached, suggesting the rally may still be in an early phase.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart crossed into a bullish configuration by 13:30 ET, with price closing above both. For the daily timeframe, the 50-period MA crossed above the 100-period MA, forming a golden cross—a classic long-term bullish signal. The 200-period MA acted as a dynamic support at 0.000694, which QNTBTC held through the entire 24-hour window.

MACD & RSI

The MACD turned positive by 13:30 ET, aligning with the bullish crossover and confirming increasing momentum. The RSI, which had been in oversold territory earlier in the morning, rose above 50 and approached overbought conditions by the end of the session. While this suggests caution ahead, the divergence between price and RSI was minimal, indicating strong conviction in the current move.

Bollinger Bands

Volatility expanded significantly during the midday rally, with the upper band reaching 0.000845 and the lower band settling near 0.000694. Price traded near the upper band for much of the latter half of the session, indicating strong upward pressure. The expansion of the bands suggests that the market is likely to continue its consolidation or break higher in the near term.

Volume & Turnover

Volume surged in the final 3 hours of the session, with 285.5 units traded between 14:15 and 17:00 ET. This coincided with the sharp rally and a breakout above key resistance levels. Notional turnover increased proportionally, reaching a 24-hour peak of $817,000, confirming the price action. No significant volume divergence was observed, suggesting that the rally was broadly supported by institutional and retail participants alike.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing low at 0.000706 and high at 0.0007205, key levels such as the 38.2% retracement (0.0007151) and 61.8% retracement (0.0007129) were tested. On the daily chart, the 61.8% retracement of the previous weekly decline was at 0.0007175, which QNTBTC nearly reached before pushing higher. The alignment of Fibonacci levels with moving averages and candlestick patterns reinforces the current bullish setup.

Backtest Hypothesis

The recent formation of a bullish engulfing pattern at 14:15 ET highlights the potential of using candlestick signals for QNTBTC. However, the backtesting system encountered an issue locating the exact ticker symbol “QNTBTC.” To resolve this, we recommend confirming the correct exchange-qualified identifier (e.g., QNTBTC.BINANCE) or considering a more liquid USD-quoted pair (e.g., QNTUSDT). Once the correct ticker is identified, we can automatically retrieve historical Bullish-Engulfing signal dates and evaluate the performance of a basic entry-at-close strategy from 2022–01–01 through today. We can also incorporate risk controls such as stop-loss or take-profit levels if preferred.