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...
Now #QKC current Market Price is 74 Satoshi
72% Up from our First Entry.
40% up from 2nd Entry.
Enjoy the Ride Guys.
Target 1:- ✅
Support:- 66/58 Satoshi
Resistance:- 82/110/156 Satoshi
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#QKCBTC TA Update:-
According to TA our 1st entry of #QKC was 46 Satoshi and went up to 72 Satoshi so 56% profit from our first entry.
And i also told you to secure profit at 71 Satoshi .
Now again i bought at 58 Satoshi but because of BTC dumped it it wend down till 53 Satoshi.
So now 55 Satoshi strong support.
Re entry:- 55-57 Satoshi
#QKCBTC Now hit 72 Satoshi and i sold 25% My #QKCBTC Coins.
According to My TA analysis i told you to buy at Perfect Retest and Re entry at 46 Satoshi.
I hope you bought at this re entry.
Now 64% total Profit and now Hit our 1st Resistance.
Still more more more Room for Upside.
so again I bought at 63 Satoshi
and dip then add more.
Never be greedy.
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:
Towards Final Support Area..
All indicators Indicating Oversold & Good For Midterm Buy..
Big Gain Potential In Midterm
Buying Zone 350-380 Sats
Sell Targets For Midterm Are 610-760 Sats
Stop Loss Below Strong Support
Hold TimeFrame Till Mid June Or End June..
The QuarkChain Network is an innovative...
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...
Here is a chart is QKC/BTC based on Elliott wave Theory movement predicted as per theory. Nothing to say much because it's just a theory and will move throughout the wave, so move with the wave. We'll see a good movement in a few weeks ;) .
SL @750 sat
QKCBTC now is situated into a big falling wedge from 18 dec 2018 untill now .This falling wedge is a reversal pattern which means the price will go up after a succesfully breakout and wedge re-test
RSI is 45 and still going up but at the moment we are BELOW neutral zone
At MACD we can see now we are near a decision to breakout or breakdown.If will breakdown...