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QuarkChain / Bitcoin

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QKCBTC trade ideas

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
Long
by WBM_Team
Is QKC in accumulation!?Hello all :) Recently spotted this coin, and immediately fell in love, so I thought I'd do an analysis on it! As you can see, QKC has held a very major bullish trendline since capitulating in August. We have established this trend line as major support. As you can see, price has now touched this trend line. So far, the daily is showing a bearish engulfing candle, but it still has 3.5 hours to invalidate that. Even if the bearish engulfing candle fulfills, I still expect this coin to begin uptrend within days. RSI is showing bullish divergence that has been building for the past few weeks. RSI is at 40 which is a historic bullish reversal level - especially on the daily. We have a fairly significant spike + subsequent rejection days ago. I suspect this was a whale initiating a very large buy order. I can back that assumption up slightly with the fact that there is a 'head' forming from my price discovery strategy. As it stands, QKC has held this range for approximately 19 days. No significant attempts at downside. Honestly at this point, the only thing that slightly worries me is lack of volume. The good part about this trade though is it's pretty easy. A daily close with momentum below this trendline is a 100% sell signal. The stop is a bit loose just in case there is a fakeout to the downside, but the R:R makes this trade WELL worth the risk. Take profits marked on chart. Capital allocation 10%. GL :)
Long
by deactivatedaccount123
6