QuarkChain All-Time Low To 20X (Eternal Downtrend To Be Broken)

25 Ağu

Good morning my fellow traders, another great opportunity is here while doubt plagues the market.

How are you feeling today?

QuarkChain, on its Bitcoin pairing, has been on an eternal downtrend. It has been dropping since 2019. Recently, we have some bullish developments though.

The first thing is a new All-Time Low, quickly followed by bullish action.

The All-Time Low is great and positive because a bullish trend can only develop out of a bearish trend. If we had an uptrend, prices could either continue to rise or fall at some point. Since we have a downtrend, prices can continue to drop or reverse and start rising at some point... The time is now.

Briefly, between June and August 2024, QKCBTC moved below its January 2021 low, the previous ATL.

Now that the pair is trading back above this level we have a strong bullish signal. Notice the low volume on the new All-Time Low.

After six years of lower prices sellers must be exhausted.

The very day of the ATL, 5-Aug., the session closed green rather than red, pointing toward a reversal soon.

Now, there is a scenario where the market digs deeper, this happens often. Instead of a reversal another low but we cannot predict this type of event because it only happens if people buy in and the bots adapt to the buying. Many people buy and start to wait patiently, while placing a stop-loss orders, so the bots start to sell in order to force these people to sell at a loss. Since we cannot predict such occurrences, we focus on the long-term; we buy and hold.

Another tactic played by the exchanges if you are doing it right, is to delist the pair after you are holding it for two years or more. This too cannot be predicted. Luckily, they give some warning now and this is not on the list to be delisted.

This one has potential to grow between 15-20X easily. So 3-5X can be achieved without problem within several months. While the big earnings are real, possible and do happen, it is good to be realistic and secure profit when significant growth takes place.

This is just one of endless opportunities... I am sharing dozens of these altcoins every single day.

The choice is yours... Will you take action? or will you watch wait?

Thanks a lot for your continued support.

Namaste.