Qkclong
QKC at weekly support, Should bounce from hereQKC is now at weekly support and the wick shows stop hunting is done and now QKC ready for the next rally. The major weekly resistance is 88 and a candle close above it will start a new rally in QKC. There are rumors that the QuarkChain team is planning to launch the NFT marketplace on QKC. We all know how coins pump on NFT news.
Buy Zone: 62-64
Target: 69-77-88-95-104-116-128-142-159-174-188-199-211
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.
QKCBTC 74% + 40% within few days still more rooms#QKCBTC
Now #QKC current Market Price is 74 Satoshi
72% Up from our First Entry.
40% up from 2nd Entry.
Enjoy the Ride Guys.
Target 1:- ✅
Support:- 66/58 Satoshi
Resistance:- 82/110/156 Satoshi
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QKCBTC 64% profit booked and again Chart for Re entry.#QKCBTC TA Update:-
According to TA our 1st entry of #QKC was 46 Satoshi and went up to 72 Satoshi so 56% profit from our first entry.
And i also told you to secure profit at 71 Satoshi .
Now again i bought at 58 Satoshi but because of BTC dumped it it wend down till 53 Satoshi.
So now 55 Satoshi strong support.
Re entry:- 55-57 Satoshi
Targets:- Still same.
64/110/156 Satoshi
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QKCBTC 70% Profit Update and new Entry#QKCBTC Now hit 72 Satoshi and i sold 25% My #QKCBTC Coins.
According to My TA analysis i told you to buy at Perfect Retest and Re entry at 46 Satoshi.
I hope you bought at this re entry.
Now 64% total Profit and now Hit our 1st Resistance.
Still more more more Room for Upside.
so again I bought at 63 Satoshi
and dip then add more.
Never be greedy.
Try to book some Profit.
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must follow me for latest crypto updates.
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QKC - Possible break to the upside of 25 -50% short termQKC has been trading slightly higher every day to form an ascending triangle on the 4-hour chart. Possible breakout of 25% initially if it breaks out above 155 could be expected. A break of 50% to previous resistance levels could also be on the cards.
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)
QKC (Quarkchain) Towards ATL...!!QKC (Quarkchain)
Technicals
Towards Final Support Area..
All indicators Indicating Oversold & Good For Midterm Buy..
Big Gain Potential In Midterm
Buying Zone 350-380 Sats
Sell Targets For Midterm Are 610-760 Sats
Stop Loss Below Strong Support
Hold TimeFrame Till Mid June Or End June..
Introduction..!!
The QuarkChain Network is an innovative permissionless blockchain architecture that aims to meet global commercial standards. It provides a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS. The main features of the QuarkChain Network are:
- Reshardable two-layered blockchain: the QuarkChain Network consists of two layers of blockchains. Elastic sharding blockchains (shards) are applied as the first layer, and a root blockchain as the second layer that confirms the blocks from the first layer. The first layer is flexible to be resharded as needed without changing the root layer.
- Guaranteed security by market-driven collaborative mining: To ensure the security of all transactions, a game-theoretic framework is designed for incentives, where at least 50% of overall hash powers are allocated to the root chain to prevent double-spend attacks on any transactions.
- Anti-centralized horizontal scalability: In any blockchain network with a high TPS, a super-full node can be extremely expensive, which encourages centralization. In contrast, the QuarkChain Network allows multiple cheap nodes to form a cluster that has the ability to replace a super-full node.
- Efficient cross-shard transactions: Cross-shard transactions in the QuarkChain Network can be issued at any time, and confirmed in minutes. The speed of cross-shard transactions increases linearly as the number of shards increases.
- Simple account management: There is only one account needed for the entire blockchains (shards) in the QuarkChain Network. All cryptocurrencies from different shards are stored in one smart wallet.
- Turing-complete smart contract platform: the QuarkChain Network supports Turing-complete smart contracts and has adopted the Ethereum Virtual Machine (EVM) to allow for easy migration of existing EVM decentralized Apps onto the platform of the QuarkChain Network.
#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
QKCBTC SOON MOONSHOT
QKCBTC now is situated into a big falling wedge from 18 dec 2018 untill now .This falling wedge is a reversal pattern which means the price will go up after a succesfully breakout and wedge re-test
RSI is 45 and still going up but at the moment we are BELOW neutral zone
At MACD we can see now we are near a decision to breakout or breakdown.If will breakdown here probably we will visit 750 sats zone and after we will break out this wedge hard.
Stochastic is going up,we are near overbought zone but it can remain HERE IF in 3 days we will see the first green candle at MACD
Reason for buy: Altcoin season soon will appear+Mainnet launch
Targets:
-0.00000995
-0.00001139
-0.00001309
Good luck!