Looking at the "quarkCoin" Could get you a lot of money?

[HHvindenes]

Hi, I was analysing the quarkcoin graph a bit and i Can se that there is an inverted head-shoulder-head fortmation currently bout to finish, if the graph goes through (where i marked green in the pic)  It could be a good Buy now sell in a couple of days business?
At the same this this is a stock/forex strategy, would it apply for such an unstabile currency as Crypto-currency?

Toughts? 

https://dl.dropboxusercontent.com/u/39229757/Graf_QC_01_2.png

[thecoloredsky]

I'm not entirely convinced technical trading is profitable since the markets are quite illiquid. But regardless money is coming into the crypto markets so I recommend buying dips in general. Sounds simple but its the best scenario while we are in the initial mania phase. Just wait until cryptos start receiving mainstream vindication and better payment systems.

[marcotheminer]

Hmm, I hope you bought it! Apparently its pre mined alot!

[HHvindenes]

I'm not entirely convinced technical trading is profitable since the markets are quite illiquid. But regardless money is coming into the crypto markets so I recommend buying dips in general. Sounds simple but its the best scenario while we are in the initial mania phase. Just wait until cryptos start receiving mainstream vindication and better payment systems.

Yeah, and since the crypto markets are getting so much attention more people are getting into it and all currencies will grow a lot with just a little time!

[HarHarHar9965]

big premine, already bubbled like crazy and i dont understand what innovation it brings. why would you buy? seems crazy risky.

[tampazeus]

Hi, I was analysing the quarkcoin graph a bit and i Can se that there is an inverted head-shoulder-head fortmation currently bout to finish, if the graph goes through (where i marked green in the pic)  It could be a good Buy now sell in a couple of days business?

Based on the graph, seems the coin is falling, but Im not trader to see short time opportunities

[pasikisu]

big premine, already bubbled like crazy and i dont understand what innovation it brings. why would you buy? seems crazy risky.

Premine means mining before public announcement, none of which happened in quark's case. Just an aggressive launch. Maybe a bit too aggressive? Dunno, time will tell.

[Morbid]

on 13th of december btc38 in china starts to list it in their exchange.

[HHvindenes]

on 13th of december btc38 in china starts to list it in their exchange.

So this will mean 1/7 ++ of the world will have more acces to it and it will rise. Guess what, I'm bying now