QKC - LONG - Trade OpportunityRecently spotted a huge Bullish Divergence on BINANCE:QKCBTC , it has been trending down for a while now and we do expect a bounce inside the 12H Ichimoku Cloud.
Target 1: 0.00000760
Target 2: 0.00000802
Target 3: 0.00000845
Stop Loss: 0.00000676
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QKCBTC
QKC – Quarkchain – nearly 300% in 2 months – super stable growthHi Guys!
As the market is unpredictable on the short-time trades, actually there is one which has been growing very stable since 15th of August. It made actually nearly 300% with no super pumps and dumps.
Just organic stable growth especially in such unstable times.
Here are some details regarding this coin & project:
• High capacity peer to peer transactional system
• Latest test net trial – 147755 tx/s
• Two-layered blockchains – one elastic and the second root blockchain that confirms the blocks
• Cross-shard transactions
• Only one account needed for all shards – you just need to use one smart wallet
• Scalability – super full-node can be extremely expensive when TPS goes high, they allow multiple honest nodes forming a cluster running as a
super-full node
• They have a small team but it looks very professional. A couple of persons in the advisory board.
Multiple of investors and strategic partners. For more info go to quarkchain.io
• At the end of the year, they are planning to launch Main Net, Quarkchain Core and Smart Wallet.
Technical analysis details:
• Stable growth since mid-August 2018
• Growth pace has accelerated – look at the angle connected with the support lines – It constantly grows
• Weis Volume – almost no supply and a lot of demand
• MACD – positive convergence since mid-August 2018
• Chaikin Money Flow - very long positive convergence - pressure on the price constantly grows
• Visible range – well this is the only threat – we touched 1000st which is the roof of Visible Area which stands for 70% of the purchases since
the beginning of July. It means that 70% of people bought QKC in the range of price such as 300-1000st.
So to sum up. It may explode in the following months. For the best security if you don’t have QKC yet observe the price to cross the level of 1000 st with at least a couple of bars.
It would mean it bounced from the level of 1000st and it goes north.
What do you guys think? Do you also have on the radar?
Do not hesitate to share your thoughts in the section below.
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WBM Team
QKCBTC: 7% drop, but still holdsQuarkchain's beautiful rally was broken by the drop of bitcoin. But QKC is still within the rising channel, trying to return the position.
Looks stronger than I would expect after such a drop of BTC. Extremely bullish after the BTC-storm will calm down.
Not a financial advice.
A VERY LOVELY SETUP ON $QKC. Steady Growth!Quark Chain is a token of ERC-20, a successful ICO that was raise $20 mil and still giving almost 2.5x BTC 0.13% 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.
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.