About QKC vs BTC: It is now trading a little below support. All technicals on the daily suggest a strong sell. Only the momentum says buy. All previous analist in trading view suggested a buy for a huge profit. (something I did not see) they suggested a stoploss and these all got triggered.
I also have one trade qkc eth which is down 50%... I had QKC befor also down 25% but managed to rise in little profit. So QKC is extremely volatile. The daily RSI quite low but not oversold. In the past we have seen bounce UP from these RSI levels, most of the time. I can not find any reliable indicator (yet) to go with other than the RSI.
Mainnet 1.0 will launch at 30-4-2019. Prior to such event price may rise and drop after the launch. (coins unlock in juni ! )
Now trading also at the bottom of the bollingerbands, I think it has some potential to go up from now 745 sats.
The Ichi cloud is far away and thin. I think it will reach the cloud for a 10% to 12% gain. And from there we have to see what is going on.
Looking for an indicator that works, I tried the EMA ribbon. The pattern I see in there is that if QKC is trading far away from the ribbon, it does revers. There is a mixed red green line that gives buy and sell signals. But this is a lagging indicator.
The green and red arrow point the actual reversal and the colour of the line changes a couple of days later, still giving good signs for smaller profits. So from now on QKC could reverse to the ribbon for about a 5% rise. Which is better than a poke in the eye with a stick :)
If this is 5% up we are trading above resistance again and from there I have to chart again. Taking volume in the considderation.
Note that there has been some FUD which all seems not to be true. this could have lowered the price under support. And also all the previous Ideas about QKC long with to tight stoploss could have pressed the price under support.
Cheers.
I also have one trade qkc eth which is down 50%... I had QKC befor also down 25% but managed to rise in little profit. So QKC is extremely volatile. The daily RSI quite low but not oversold. In the past we have seen bounce UP from these RSI levels, most of the time. I can not find any reliable indicator (yet) to go with other than the RSI.
Mainnet 1.0 will launch at 30-4-2019. Prior to such event price may rise and drop after the launch. (coins unlock in juni ! )
Now trading also at the bottom of the bollingerbands, I think it has some potential to go up from now 745 sats.
The Ichi cloud is far away and thin. I think it will reach the cloud for a 10% to 12% gain. And from there we have to see what is going on.
Looking for an indicator that works, I tried the EMA ribbon. The pattern I see in there is that if QKC is trading far away from the ribbon, it does revers. There is a mixed red green line that gives buy and sell signals. But this is a lagging indicator.
The green and red arrow point the actual reversal and the colour of the line changes a couple of days later, still giving good signs for smaller profits. So from now on QKC could reverse to the ribbon for about a 5% rise. Which is better than a poke in the eye with a stick :)
If this is 5% up we are trading above resistance again and from there I have to chart again. Taking volume in the considderation.
Note that there has been some FUD which all seems not to be true. this could have lowered the price under support. And also all the previous Ideas about QKC long with to tight stoploss could have pressed the price under support.
Cheers.
Comment:
We kept on trading below resistance. Stoploss triggered for 3% loss.