Quarkchainidea
QuarkChain/Bitcoin (24 May) #QKC $QKC #BTC $BTC#BUY
QKC is moving in the Big Bullish Flag pattern and target is quite high at 600, on the top line of this bullish flag. However, 470 area is a very strong resistance zone and I recommend selling here first and waiting for the opportunity to buy back and sell at 600 zone
Current Price : 358
Buyzone : Buy close to 320-325 as possible
Sellzone : 375-470-600
Stoploss if price is lower than 300 and consider buying back around 250
We Make Fortune With $QKC Last Trade, Now What?You can confirm the chart here as I closed my position at this level:
By the RSI at the moment on the daily time frame looks quite juicy. It touched the lower level. Even so, I'm still not convinced, is this will turns out as a rally or just a dead cat bounce. I will add at a confirmation level if we close on daily candle above 732 sats. I add support level at 652 - 600 range as my stop-loss range and looking forward for more downward.
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