💎Technical Analysis Summary💎
BINANCE: QKCBTC
-QuarkChain retested the key level of support
-We saw a good bounce up but still not enough
-Because the trendline resistance still rejecting the price
-As long as this resistance barrier remains valid
-The Bears can easily enter the market keeping the price lower
-So the best approach is to wait for breakout...
I am going to explain key points below and after that you can easily decide the trend.
1. Monthly Resistance was rejected on 1st test at 111 sats. 1st test is 90 % of the time gets rejected and the same thing happened here.
2. Candles also got rejected at T2, Which was a trend line resistance. Upper Trend Line has been tested 5 times. Observe closely. I have...
Hi 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...
Welcome to this quick update guys.
I will keep this update very short and simple.
We entered QKC around 38 sats, price rallied to 78 sats, 105% from our entry zone!
Booked 50% and bought back around 49 to 52 sats (bigger bag) Next target is around 84 sats.
According to chart the last time price rallied it took almost 9 days to rally again. According these...
QKC/BTC
QCK is starting to move up as the price is trading above 50MA & 100MA too.
If QKC will continue to trade above these moving averages plus break of trend-line resistance,
we could expect a potential growth in the mid-term trading action.
Our upside target is up to 61 sats and stop-loss is below 30 sats.
QKC has been trading slightly higher every day to form an ascending triangle on the 4-hour chart. Possible breakout of 25% initially if it breaks out above 155 could be expected. A break of 50% to previous resistance levels could also be on the cards.
On week chart the priceline has touched the pennant's support.
The MACD has given week bullish.
RSI is already in oversold zone.
The volume profile's visible range is giving clear indication that the trader's interest is very low at this area which will help the price action to take bullish divergence soon from here insha Allah.
Sell targets are:
1st target:...
with the mainnet just 2 weeks away, we can expect some upside movement in QKC.
We should not have any issues seeing QKC re-testing 880, only thing different is that there is a very high possibility it might breakout from 880 and test the resistance at 912.
A small retracement should be expected before going for the next resistance at 970. Whether we are able to...
Buy 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...
QKC Holding Support Level You Can Buy Between 1000-1025.
You Can Also Set own Risk Reward ratio .
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
QKC are Showing Awesome Super Bullish Since Many times,
Let See !!
Can Trade Above Given Entry, Exit and Traget Point.
You Can Also Set Stop Loss own RR Ratio.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
QKC on 12h timeframe finished ABCDE correction channel. First phase of bullish Wave is ending, now QKC need small pullback to go up. MFI and RSI showing overbought. Volume is bullish. Stoch and Stoch RSI are above 80 points. QKC bounce from 0.328 fib. Retracemenet level with strong support at 600 sats.
![QKCBTC: QKC [Quarkchain] Bottomed out at weekly support](https://s3.tradingview.com/s/sQhCS0i5_mid.png "QKC [Quarkchain] Bottomed out at weekly support")
