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Qkcbinance

QKC/BTC (Trading at Key Level Support)💎Technical Analysis Summary💎 BINANCE: QKCBTC -QuarkChain retested the key level of support -We saw a good bounce up but still not enough -Because the trendline resistance still rejecting the price -As long as this resistance barrier remains valid -The Bears can easily enter the market keeping the price lower -So the best approach is to wait for breakout confirmation A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
20
QKC Important Move Ahead!I am going to explain key points below and after that you can easily decide the trend. 1. Monthly Resistance was rejected on 1st test at 111 sats. 1st test is 90 % of the time gets rejected and the same thing happened here. 2. Candles also got rejected at T2, Which was a trend line resistance. Upper Trend Line has been tested 5 times. Observe closely. I have mentioned the numbers above. 1 to 5. But it was 5th time on the trend line resistance not the Horizontal resistance. Test on Horizontal resistance was the 1st attempt that is why it was rejected. You see where i am heading towards! ( When Horizontal level and Diagonal level which is Trend line level is tested multiple times then it becomes weak. Here in this case, monthly level was tested 1 time but trend line was tested 5 the time so it pulled back. Monthly Resistance Test = 1st Attempt (Rejection 90% of times) Trend Line Resistance Test = 5th Attempt (Rejection due to 1st attempt of monthly test) 3. When it pulled back from monthly level it have to test the support level, which in this case is a zone between two daily levels from 96-89. Support 1 at 96, Support 2 at 89. As candle wicked past 96 and touched at 89, it came back to trend line support at 96 as well as daily support at 96. Daily Support= 96 sats Trend Line Support = 96 sats 4. Wait for new daily candle to form above daily level at 96 sats. If the candle forms above 96 sats, then it is going to test the monthly level at 111 sats again. But for that to happen, there must be an increase in volume, which is not happening right now, as well as MACD is showing downward movement. But wait for the new candle. 5. If new candle forme below 96 sats, then it is going to test the 89 support and may bounce back again. And we might see some consolidation until a large volume builds up and we test the monthly level. Right now, The move looks bearish. For Bullish = Increase in Volume, Rejection from 96 sat level >> Then it will be bullish.
by SmartMaxi
QKCBTC a bullish reversal pattern at the supportHi friends hope you are well in welcome to the new update on QuarkChain token. This token has surged more than 250% just in 2 month. So in today's article we will try to understand how the QKC token completed the bullish setup and what it can do next. Formation of pennant: Almost a year ago in July 2019 I posted an article on tradingview where I revlealed that the price action of QKC is moving within a pennant. And soon it can breakout this penant. Therefore I design my sell targets accordingly. The price action moved with the support of the pennant and somehow below the support as well and finally left the pennant directionless and after moving sideways started a bullish move in Feb 2020. A wedge movement: I tried to catch this pattern bit early. But in fact, the price action behaved like a falling wedge instead of pennant. Now if we watch the live chart then the movement of the price action and the pattern is as below: Down channel, long term bullish signal by directional movement and breakout: Now if we switch to the daily chart in order to take a closer look on the sideways movement after when the price action left the wedge pattern. Then price it can be observed that the priceline was moving in a down channel since September 2019 up to 22 May 2020. In the meanwhile the price action has made several attempts to break out this channel. But after 14 Feb 2020 the movement of the price action should be noticed. That the priceline did not move down at support. And it was moving continuously very close to the resistance of this down channel. And if we observe the directional movement indicator then after 8th Feb 2020 the positive direction indicator crossed up the negative directional indicator that is very powerful bullish signal. And we receive a bear cross between these two indicators only from 6th to 12th May 2020 for some time. And the positive directional indicator again crossed up on 14th May 2020. Finally the price action followed this bullish signal that was appeared after 8th Feb and broke out the resistance of this channel. From support of the channel up to the highest price level this move is more than 250%. Formation of an up channel: Now after breaking out the previous down channel. The price action has started its movement within an up channel. The priceline is moving within this channel very well by hitting the resistance and support. At this time the price action of quarkchain has again reached at the support and there are chances that the price action may start a movement to the resistance from here. However we can expect unless this support of the channel will be not broken down the bullish rally will be continued. A bullish reversal pattern at the support: Now if we switch to the more small-time 12 hour time period chart then it can be seen that the price action has formed a bullish BAT pattern at the support of the channel. The appearance of a bullish reversal pattern at the support of the channel is very positive signal. All the legs of this pattern are driven perfectly as required for the bullish BAT move, there is only a little bit different from A to B leg retracement level that I have ignored. Now as per Fibonacci sequence the potential reversal zone and the Fibonacci projection area of this A to D leg is as below: Potential reversal zone 0.00000070 to 0.00000067 sats Fibonacci projection: 0.00000076 to 0.00000086 sats So if we buy at the potential reversal zone and sell in the Fibonacci projection area then it can be up to 28% move. However if the priceline will cross up the 0.786 Fib projection of A to D leg that is the maximum extent of Fibonacci projection then the price action can start more powerful bullish rally
Long
by moon333
3
#QKC/BTC breakout within the next 72 hours?Welcome to this quick update guys. I will keep this update very short and simple. We entered QKC around 38 sats, price rallied to 78 sats, 105% from our entry zone! Booked 50% and bought back around 49 to 52 sats (bigger bag) Next target is around 84 sats. According to chart the last time price rallied it took almost 9 days to rally again. According these fractals We could expect the price to rally within the next 3 days.(OBSERVE THE FRACTALS IN THE CHART) 58 sats is a Solid support as it is also happens to be the 0.382 fib extension level. This trade invalidates only on the break of 52 sats which is unlikely at the moment. i AM HOLDING MY BAGS STRONG. With the POS Work support coming up on June 30 the price must rally to the upside. If you agree please hit that like button and support my free work. Thanks for reading please share your views and in the comment section and follow me for more future updates. An update on BTC is coming up, truly fascinating it will be. Stay safe #PEACE
Long
by Cryptorphic
38
QKC has hit the support | Upto 622% profit expectedOn week chart the priceline has touched the pennant's support. The MACD has given week bullish. RSI is already in oversold zone. The volume profile's visible range is giving clear indication that the trader's interest is very low at this area which will help the price action to take bullish divergence soon from here insha Allah. Sell targets are: 1st target: 0.0000064 2nd target: 0.00000794 3rd target: 0.00000944 Final target: 0.00001156 Regards, Atif Akbar (moon333)
Long
by moon333
QKC - SAFE PROFITBuy Price: Green Zone TP: Blue Zone Support: Orange Line Resistance: Purple Line SL: Red Zone (I don't recommend to sell in loss.) Invest Suggestion: 30 Percent Profit Expectations: 40% This is a safe trade, and a easy one. QKC looking very promising! QKC has a mainnet on 30th and we have a reverse tendency happening on it! See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
#QKC potential 30% upsidewith the mainnet just 2 weeks away, we can expect some upside movement in QKC. We should not have any issues seeing QKC re-testing 880, only thing different is that there is a very high possibility it might breakout from 880 and test the resistance at 912. A small retracement should be expected before going for the next resistance at 970. Whether we are able to re-test 1059 will depend heavily whether QKC is able to generate enough volume to propel it upwards
Long
by bing12