Qkc
Quarkchain (QKC) Looking Bullish But Overextended
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 200%+ from August 14th lows of $0.018.
Current returns since ICO: 2.79x USD, 7.64x ETH, 3.26x BTC
QKCBTC: a solid riseQuarkchain is very likely the only coin out there that had a constant and smooth rise from the low (for QKC and other altcoins) at the mid of August. The obvious rising channel has formed, and it looks very confident. However, as soon as everybody see that, it becomes a perfect target for the manipulation, so we should be careful, although the temporal drops in price are irrelevant in a long-run, of course.
Not a financial advice.
Steady growth on $QKC. Is It Good for Mid-Term?Quark Chain is a token of ERC-20, a successful ICO that was raise $20 mil and still giving almost 2.5x BTC return at the current price. No doubt that their marketing play a part on this process. Basically that makes their stuff interesting, even releasing on bear market, first they're achieving their ICO target at 100% and then got listed on big exchanges like Binance and Gate.io with no problem just within weeks.
The team are quite strong, on how we see this that on how fast they deliver their product. Testnet has already rolled on the market and you can visit their website to see it.
Another additional consideration of course the chart. It has been a 2x from the it's recent low, now sitting at 660 sats which in mid-term play we're quite bullish on QKC with 65/35 percentage. Which means that this depend also on Bitcoin price movements. Overall we love the project and what the chart right now displaying a quite bullish.
But be careful as the RSI level already on it's peak, looking forward to cooling down a bit. Around 450 - 550 sats. With some few targets on green lines that we draw.
My $1k to $100k Challenge - Day 2 Trade #41 - QKCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
There is no nice way to put it, I am doing very bad. I am jumping in the trades too early or too late and am on a bad losing streak.
Back to my basics, Base plays, with a twist. I will DCA buy if -5% is hit before my sell target, then make my new sell target my original buy in price which will give me 2 1/2% profit.
What is DCA? Dollar Cost Averaging. Say I buy 100 shares @ $2 = $200. Then the price dips to $1, I invest another $200 and buy 200 shares = $200. Now I own 300 shares and have dropped my cost per share to $1.33 each.
100 shares @ $2 = $200
200 shares @ $1 = $200
300 shares total cost $400 = $1.33 average cost each
My base play strategy explained here:
Click image to go the the Base play strategy post
After 26 days and 39 completed trades:
Wins: 16
Loss: 23
Balance: 0.1517 B
USD: $ 989
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 28 trade #41
I invested 0.03659344 B into QKC. I bought 6266 @ 584 satoshi
My Sell target is: 617 for 5.65% profit
If the price drops to 554, I will invest another 0.03659344 B and buy another 6605 QKC. My new target will be my original buy in price at 584 satoshi for a potential profit of 2 1/2%.
My Trade Stop loss: 525 (-8 %)
Click image to expand
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
My $1k to $100k Challenge - Day 20 Trade #30 - QKC Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
I am changing my strategy a bit, I will be using 2 to 1 (profit/loss) risk vs reward. My sell targets will still be 5% but my stop loss will be -2 1/2%.
I will also be using 3commas trading bot and using profit trailing starting at 3%. What this means is once an active trade hits 3% profit, the profit trail will kick in. If the price drops -0.5% from +3% on, autosell will occur for 2 1/2% profit minimum.
This will be another learning experience for me as I am new using 3commas. I hope that I don't make any costly mistakes.
Looking back at my losing trades, many trades hit 3% profit or more, then dropped down to hit my stop loss. This new strategy should prevent this problem and turn in more wins.
These last few weeks have been fun. I have won some trades and lost some trades. Learning from my failures will help bring me success.
After 20 days and 29 completed trades:
Wins: 14
Loss: 15
Balance: 0.16600798 B
USD: $ 1227
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 20 trade #30
I invested 0.16600581 B into QKC. I bought 22223 for an average cost of @ 747 satoshi
Sell target is: 785 for 5.09% profit
Stop loss: 728 (-2 1/2%)
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
QKCBTC IHS and readiness to move higherAnalysis of the market revealed a very interesting coin. According to TA the inverted H&S pattern is formed it is a very strong bullish pattern which can push the price up. The range of 900-1011 looks like a good entry to get a profit because the price should reach the resistance mentioned at the chart. The rest targets are in the Premium channel.
If the market starts to decline, then it should bounce from the support of 0.00000800 where we will buy more in case of consolidation. However if the consolidation does not happen then it should be the point of stop loss.
Indicators are bullish now in the medium term timeframe the same is the risk level.
1k to $100k Challenge - Day 12 Trade #18 - QKCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
The first week, I made a few mistakes that cost me. Being greedy never pays off.
Last 7 trades: 5 wins 2 loss
After 11 days and 17 trades:
Wins: 10
Loss: 7
Balance: 0.1714 B
USD: $ 1415
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead please limit your trades to less than 3-5% of your portfolio. Please trade smart.
Alright, here we go with Day 12 trade #18
I invested 0.17114 B into QKC. I bought 20000 @ 857 satoshi
Sell target is: 900 for 5.02% profit
Stop loss: 818
I will be laddering my sell targets to protect profit.
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
$QKC / $BTC - it is turning bullish. $QKC / $BTC - it is turning bullish.
Description: QuarkChain is a high-capacity peer-to-peer transactional system that consists of a two-layered blockchain - elastic sharding blockchains (shards) as the first layer, and a root blockchain that confirms the blocks from the shards as the second layer.
QKC is an ERC20 based token to be used solely as the primary token on the network.
Circulating Supply: 357,431,729
Total Supply: 10,000,000,000
Low Market cap
USD MarketCap: $29,187,196.00
Upcoming News & Events
Title: Testnet Launch
Date: 06 July 2018
Description: Public testnet planned to be launched on July 7th in Beijing with a live demo.
Title: Mainnet 1.0
Date: 31 December 2018 (or earlier)
Description: Mainnet 1.0 and Smart Wallet 1.0.
Title: QuarkChain Core 2.0
Date: 29 June 2019 (or earlier)
Description: QuarkChain core 2.0 and Smartwallet 2.0 release.