cutterwax

QKC as a hedge to bitcoin potential correction again?

Long
BINANCE:QKCBTC   QuarkChain / Bitcoin
Hi, QKC failed the most of all Binance altcoins in last weeks. Lost over 70% to BTC despite mainnet launch event.
We are can se descending cannels.
same size down movement (yellow rectangles) confirmed by price reaction on huge volume, bullish divergence on RSI.
Im starting scaling in having in mind we can drop to 200 sats area.
we have core 2.0 event on 30.06 and the mainnet tokens swap by the end of july.
These thing makes me buy the dip of QKC.
I'ts ruff trade but can be very profitable.
SL close weekly below 198 sats. Than we can drop to low of the cannel around 80 sats !!!
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