lametzki

QKC - BTC - wedge reversal - bullish

Long
lametzki Updated   
BINANCE:QKCBTC   QuarkChain / Bitcoin
That's my first idea, hope you like it

QKC/BTC - it is turning bullish.

1) We can see the falling wedge wit increase of volume (confirmation).
2) MACD posiive with growing histogram
3) Small corrections are possible based on CCI and Stoch RSI.

There is a chance to reach 0.000016 Resistance Level.
Comment:
QKC/BTC has lost it's momentum and stays between 0.786 and 0.618. Need to wait for the next days to see the potential movements.
Trade closed: stop reached:
The channel has been broken, so sold all QKC at initial value.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.