QKCUSD trade ideas
#QuarkChain $QKC $USD on the daily chart.Buyers push 24H price up from 0.00531 to 0.005565 though RSI takes a dip from 71.39 to 63.87. On course to break 0.007
DFT - End of the jellyfish raft mode for QKCObservation:
- Harmonics long term building up momentum (Most important: Blue wave turning positive => bull trend)
- Volume resultants= green
- Price resultants= green
- R/R no risky for longterm
The idea:
Two TP for the next rope. One on the rope and the second at the top of the cloud.
Gl
Low riskIn the touch of the downtrend line, there is a high probability of increased demand and support. The first and second targets are priced within the Action Price range.
QuarkChain Price Analysis QKC / USD: Technical MeltdownFundamental Analysis
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 Short-term price analysis
QuarkChain has a bearish short-term outlook, with the cryptocurrency undergoing a strong downward reversal on the four-hour time frame.
The four-hour time frame shows that a bearish head and shoulders pattern has now formed, with the QKC / USD pair falling towards neckline support.
Technical indicators on the four-hour time frame have turned bearish and are offering a strong sell signal.
Pattern Watch
Traders should note that the downside projection of the bearish pattern on four-hour time frame will take the QKC / USD pair to a new all-time price low.
Relative Strength Index
The RSI indicator is still bearish on the four-hour time frame and continues to turn lower as selling pressure builds.
MACD Indicator
The MACD indicator is bearish on the four-hour time frame and continues to generate a strong sell signal.
QuarkChain / USD Medium-term price analysis
QuarkChain has a bearish medium-term outlook, with the QKC / USD pair continuing to post bearish lower highs on the daily time frame.
The daily time frame is showing that a series of bearish head and shoulders patterns have now formed, with the QKC / USD pair trading towards critical neckline support.
Technical indicators on the daily frame are bearish and continue to generate a sell signal.
QKC / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a major bearish breakdown could occur in the QKC / USD pair if the cryptocurrency breaches its all-time price low.
Relative Strength Index
The RSI indicator has turned bearish on the daily time frame and shows scope for further downside.
MACD Indicator
The MACD indicator is now starting to issue a sell signal on the daily time frame.
Conclusion
QuarkChain is under significant downside pressure across both time horizons, with the cryptocurrency approaching critical support on the four-hour and daily time frames.
If bears successfully breach the QKC / USD pair’s all-time trading low a technical meltdown could ensue.
QKCBTC Binance Technical Analysis of QuarkChain 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
QKC/USD - Time to buy !Pair: QKC/USD
Exchange: Binance
Trade Duration: Medium
Risk: High
Signal Strength: High
Introduction :
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.
Analysis :
QKC reached its lowest price at the beginning of the week
Week's RSI reach 30
day's RSI just cross 30
High volume
I can't see a better entry zone.
My Targets :
1: 0.028
2: 0.040
3: 0.056+
My Stop Loss :
Under 0.017
Feel free to give me your feedback/analyses and don't forget to hit that thumbs up !
Have a good day,
EPONA.
QKC Double BottomBINANCE: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.
QKCUSD ready for bullish divergenceThe 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
Regards,
Atif Akbar (moon333)
The Diamond Bottom for QuarckChainQKC 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.
Quark Chain (QKC) target short term 6.7c. Inverse head and shoulders. Short term target 6.7c, irrelevant of what Btc does.
QKC1D | Expanding Symmetrical | Elliott Wave |
Cryptocurrency | Forex | Stocks | Free Market |
Telegram Id : @CryptoTutors
QuarkChain (QKC)1D | Expanding Symmetrical | Elliott Wave |
Cryptocurrency | Forex | Stocks | Free Market |
Thanks Your For Follow Instagram/YouTube
ID : @Financiallearn
