QuarkChain continues to move downwards. In the recent community vote a decision was made to unlock all the delayed tokens at once. This increases the circulating supply of QKC and may provoke a sell-off. There have also been several large QKC transactions to Binance, indicating that large players may be getting ready to sell.
QuarkChain / USD...
QKCBTC Binance Technical Analysis of QuarkChain. please read this chart and enjoy your profit. and save your time
Look at This. I have Mention QKC Support and resistance levels on Chart.
Disc:- this is my opinion
By:- Rajeev Sharma
Trade Duration: Medium
Signal Strength: High
The QuarkChain Network is an innovative permissionless blockchain architecture that aims to meet global commercial standards. It provides a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS.
BINANCE:QKCUSD is now sitting on strong support. As you can see it broke the downtrend and is now retesting the downtrend line. It's also formed a large double bottom. QKCBTC has never been lower (almost a double bottom as well) and I believe Bitcoin will retrace so look for a BTC bounce from here due to the USD double bottom.
The price action has completed the formation of gartley and ready to hit the targets soon insha Allah.
The targets are:
Buy between: 0.04283111 to 0.03178569
Sell between: 0.05147623 to 0.07230078
Atif Akbar (moon333)
QKC is token for High throughput blockhain. Currently developers team had achieved 50k TPS in test environment.
In future roadmap QKC projected will use POW/POS consensus model.
At 1D TF price had formed Diamond structure, bullish movement is looking strong and Ichimoku shows 3 resistance lines.
20 Day crossed the 50th Day in a convincing bullish manner on September 20th.
The price broke above 100 Day MA on October 4th with T.D. Sequential on a 9, hinting at a pullback.
Daily RSI is attempting to breach 70 (overbought territory) and is therefore discovering resistance from sellers.
ICO Price shown in green dotted line at $0.0197. The price has risen...