Longing $QWARK. I expect to see potential 2x gain by Q1 2019Looking like it wants up again, RSI turning up, Bounce on ICHI cloud lagging span and getting ready to move here after the weekly closes. Moon phases are holding price back but will have solid movement by the 22nd of December and will peak around the 5th day of the new year. I also expect to see a heavy correction for the rest of Q1, gearing up for strong movement higher in Q2.
QWARKUSD
$Qwark on lower time framesAscending wedge has broken out on the 4 hours into strong resistance here at the 200 day MA notated in red. Will continue to update. First target 680 sats.
Qwark Trend ReversalQwark has lost over 70% to the USD since the beginning of the May. Price has declined from $0.15, down to $0.04 where it finally seem to have found the support.
The support is confirmed by two descending channels, while QWARK/USD rejected both of them at the same time, bouncing off the lower trend-lines.
From this point onward, looks like Qwark could be starting to move higher, and either produce a corrective wave down or even completely reverse the trend. Price could reach the upper trendline of the descending channel or go higher towards $0.16 or $0.18 resistance areas.
At the same time, daily break and close below the $0.04 support should invalidate bullish outlook where the downtrend will continue.
Diamond bottom on $QWARK...Never traded the diamond bottom pattern personally, but that's what this chart is starting to show signs off.
$QWARK fractal updateThe more this chart pans out, the more it reveals about its past fractal cycles... mkt cap to $.5b+ in the coming months
$QWARK still looking up.... looking forward to the coming weeks!Still super bullish on $QWARK because volume is still extremely low. Also, MKT CAP should easily increase from $20m to the $300-$500m area in the coming months and maybe even $1B before the end of 2018
$QWARK still looking up.... looking forward to the coming weeks!Still super bullish on $QWARK because volume is still extremely low. Also, MKT CAP should easily increase from $20m to the $300-$500m area in the coming months and maybe even $1B before the end of 2018
$QWARK on the run...Nice solid mark up and consolidation... Now ready for next few moves as the weekly candles come to a close.