QKC to 1000 sats? LikelyQuarkchain started to gain buying volume due to DeFI campaign, Staking, and Mainnet Upgrades. I think it is highly oversold, and we can see a bullish run to 1000 sats. You may aim for higher if you want, but mind the resistance.
As always, this is not a financial advice remember to do your own research.
Feel free to leave a comment below and let me know what you think.
Quarkchainbitcoin
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
#QKC/BTC (June 21)QKC looks strong and we can expect new highs for QKC. QKC can fully increase to 120sts or even 180sts in this rally. And this is the main trend
If you want to join this party, you can wait to buy it at 70-75sts
Holding a coin that has risen too high also has a lot of risks, so you should always prepare a stop loss if it falls below 60sts.
QuarkChain/Bitcoin (24 May) #QKC $QKC #BTC $BTC#BUY
QKC is moving in the Big Bullish Flag pattern and target is quite high at 600, on the top line of this bullish flag. However, 470 area is a very strong resistance zone and I recommend selling here first and waiting for the opportunity to buy back and sell at 600 zone
Current Price : 358
Buyzone : Buy close to 320-325 as possible
Sellzone : 375-470-600
Stoploss if price is lower than 300 and consider buying back around 250
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.
QuarkChain (QKC) | +146% PP | FREE TRADING SIGNALPair: QKC/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Signal Strength: High
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.
See attached chart for Technical Analysis notes
Fundamental Analysis
- Vote staking begins 20th March 2019
- Smart Wallet 1.0 by 31st March 2019
- Mainnet by 30th April 2019
- Core 2.0 30th June 2019
Our Entry Zone
0.00000823 - 0.00000947
Our Targets
1: 0.00001054
2: 0.00001446
3: 0.00002023+
Our Stop Loss: 0.00000756
To make sure you don't miss out on any FREE signals , FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button.
If you liked this analysis, hit that thumbs up!
Have a good day,
Axsonex Team
------------------------------------------
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo
Trying to break the Falling wedge (volume is still missing so ca$QKC Trying to break the Falling wedge (volume is still missing so careful).
MACD did a soft bullcross on the daily & RSI is rising slowly. No Buy signal from the UCTS yet.
What keeps me bullish is the Mainnet release on March end.
Will update if something changes #QKC
QKC is Showing Strong Bullish SignalsBINANCE:QKCBTC is getting ready for a massive up trend we have seen positive indication from
-RSI
-Aroon
-EMA
and also have witnessed increasing volume and happy to mention that BINANCE:QKCUSD is expected to inflate in coming days as backed by studies.
Event updates on Quarkchain:
QKC has ended its Bounty program as promised rewards would be sent after the mainnet launch.
QKC Mainnet launch is taking place in Q1 2019.
Selling targets are mentioned in Text form just to differentiate :P
QKC – Quarkchain – 50% gain within a couple of daysHi Guys!
Here is another trading opportunity .
Check out the details .
This project is really awesome . They progress really quickly and they deliver
• As they promised they delivered the Testnet 2.0 . You can officially mine QKC
• They use innovative hybrid consensus which is called Proof of staked Work
• They are fully compatible with ETH smart contracts
• With 6450 nodes and 256shards and presented a live demo of 10K+ TPS which is about 500X Ethereum’s throughput .
• Their goal is to reach 1M+ TPS
Technical analysis details:
• The price chart touched the support line which is present since mid -August 2018 .
There is a big chance to go up from this point.
• The chart is right below the EMAs. One move up and they are all broken.
• Sentiment Zone Oscillator - The oscillator just touched the bottom . This is the lowest level since September 2017 .
• Weis Volume - it looks like the end of the supply . All we need is more demand now.
• The bounce up should happen within days .
• 50% gain possible .
• Set your stop-loss at 0.00000820
Happy trading!
Drop us a line in the comment section if you ready to take off.
MASSIVE Hugs!
WBM Team
Quarkchain Wave 3Hi there,
I believe that we are going on the wave 3.
QKC will be on the top 20 in the future!!
Cheers
Pedro
QKC – Quarkchain – one of few cryptos that riseHi Guys!
Today we have another bloodbath. It will pass. We know you might be extremely anxious. Don’t be.
Here is a cheer up.
QKC is one of the few cryptos that actually grow.
In the middle of October, we managed to achieve as high as 0.00001100
This will be our benchmark.
Technical analysis details:
• Over 20% growth within 24h (17/18.11)
• Above all EMAs (9, 21, 50, 100)
• Bullish pattern - pennant in an uptrend
• Ichimoku Cloud - the price chart over Tenkansen(red) which crossed KijunSen (blue)
• Weis Volume Waves - The supply is decreasing. Wait for more demand.
• MACD – still a positive divergence
• 1st target to reach is 0.00000968
• 2nd target to reach is 0.00001068
• 3rd target to reach is 0.00001105
• Stop-loss at 0.00000708
So this coin might be the only option to earn some money or at least not lose.
Are you in?
Thanks for all your messages and likes.
You are great!
MASSIVE Hugs!
QKC–Quarkchain–the only child that grows – over 40% profit soonHi Guys!
As the market plunged there is such token that actually grows.
Its name is Quarkchain.
It seems like the past correction is over and we have another 5th Elliots Wave.
Here are technical analysis details:
• The current uptrend with the angle of 78 degrees. This is even stronger than the one on the wave 3
• We can reach as high as 0.00001300 which is over 40% profit from now
• Ichimoku Cloud – the price chart has broken TenkanSen (red line) for good. The TenkanSen is about to break KijunSen (blue line) – very healthy
• MACD – bullish cross observed
• Weis Waves – lots on demand and no supply so far. Small correction exected.
• Observe 0.00001100 which is the max of the last wave. In order to fulfill the last wave we have to break it. It not we fall down. Time and our update will tell.
So guys. Even though the market is so weak we can still earn some money. QKC seems to be a perfect candidate for this.
If you like our job, please do give us a like.
If you don’t want to miss the update don’t forget to click follow button on our profile.
Stay tuned.
Massive Hugs!
WBM Team