QWARK Small Cap Gem Breaking Out Of Accumulation
Updated
QWARK looks really good, primed for a squeeze upwards because:
1. Huge increase in OBV
2. Buying volume has picked up lately
3. Golden cross on short term vs long term EMAs
4. Inverse head and shoulders formed from Dec 23. to Dec 29
1. Huge increase in OBV
2. Buying volume has picked up lately
3. Golden cross on short term vs long term EMAs
4. Inverse head and shoulders formed from Dec 23. to Dec 29
Trade closed: target reached
Closing this position. QWARKBTC is likely to experience some degree of consolidation, and possibly take another leg up, but that's not the play that I'm taking. It's clearly a crud coin with no active development and there's capital better spent elsewhere. However, coins like QWARK goes to show how a good set of technical indicators in combination with a pulse of volatility, can light up any of these coins. Congratulations to the patient and, remember, always be thankful for your gains, cheers.
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