Updated
Possible Cup and handle on QKCBTC daily chart.
As I told in my previous post there we can see a Cup and handle pattern forming on Quarkchain/BTC daily chart. The right edge of our cup is a little bit higher than the left one: about 0.00001080 against about 0.00001030.
If the handle will form and the daily candle close higher than 0.00001100 level we can jump in.
Stop-loss at 0.00000950 will do.
Take-profit at 0.00001500 is ok, but the price can go higher and this move could be a beginning of a new bull trend.
BUT if you believe in QKC and yourself, it would be a nice place to open trade after (and IF) triangle I was talking about in my previous post will work.
Will happy to see all your comments and opinions, thanks!
If the handle will form and the daily candle close higher than 0.00001100 level we can jump in.
Stop-loss at 0.00000950 will do.
Take-profit at 0.00001500 is ok, but the price can go higher and this move could be a beginning of a new bull trend.
BUT if you believe in QKC and yourself, it would be a nice place to open trade after (and IF) triangle I was talking about in my previous post will work.
Will happy to see all your comments and opinions, thanks!
Note
Still keeping my eye on it.Note
Well, looks like almost there. Waiting.Note
Well let's wait for the green candle to close.Trade active
Yes, still looks like a good point to get in. Even with that BTC dump.Trade closed: stop reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.