Crypto Contest March 9: QuarkChain
hive-167922·@maarnio·
0.000 HBDCrypto Contest March 9: QuarkChain
QuarkChain (Binance: QKCBTC) has broken out of the triangle pattern in the daily chart. https://i.postimg.cc/9fWTXzrY/nimet-n.png (Chart courtesy of Tradingview.com (log scale)) **Elliott Wave Analysis** In Elliott Wave terms, QKC began a wave one advance on January 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 13, and the red wave two (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, QKC should be heading next towards the February 13 peak in the red wave three. https://i.postimg.cc/26N5jKcR/nimet-n2.png (Chart courtesy of Tradingview.com (log scale)) **Funnymentals** QuarkChain aims to provide a secure, decentralized, and scalable blockchain solution to deliver 1,000,000+ on-chain TPS (transactions per second). The latest price spike could be due to the following [news](https://medium.com/@quarkchainio/launching-native-tokens-with-just-one-click-668113abf330#TWITTER): https://i.postimg.cc/vH9jn8vV/nimet-n4.png (Sources: https://quarkchain.io/) **How Will QuarkChain Trade?** QuarkChain (Binance: QKCBTC) daily chart by Tradingview. https://i.postimg.cc/28h09HMb/nimet-n3.png (Chart courtesy of Tradingview.com (log scale)) **Prizes** I will be giving upvotes to the correct answers with minimum reputation of 25. **Rules** This poll will expire in one week. Only one vote per person. **Which one will happen first?** Please select one of the three choices and comment below. QKC will takeout the February peak QKC will drop below the January low QKC will stay in a trading range between the January low and the February peak until April 12 Posted via <a href="https://steemleo.com/">Steemleo</a>
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