Market Overview for QuarkChain/Tether (QKCUSDT) on 2025-11-11

Summary
• Price opened at $0.005047 and closed at $0.005244, gaining 3.92%.
• Volatility surged mid-day with a high of $0.005775 before retreating.
• Volume spiked sharply during the 7:30–8:30 ET window.

QuarkChain/Tether (QKCUSDT) opened at $0.005047 on 2025-11-10 at 12:00 ET and closed at $0.005244 on 2025-11-11 at 12:00 ET, reaching a high of $0.005775 and a low of $0.005016. The 24-hour volume was approximately 413,961,568.0, with a total turnover of $2,100,717.00.

The price action showed a strong bullish breakout in the early hours of 2025-11-11, breaking above $0.0052 and forming a small bullish flag after a 7:30 ET rally. This breakout appears to be supported by a rising 50-period moving average on the 15-minute chart, which crossed above the 20-period line around the same time. However, the 50-period line on the daily chart remains above the 200-period line, indicating a bearish bias in the longer term.

Momentum indicators show a mixed picture. The RSI spiked into overbought territory above 70 during the morning breakout, suggesting potential for a pullback. MACD lines showed a positive crossover in the morning, followed by a rapid divergence in the afternoon, hinting at waning momentum. Bollinger Bands were wide during the peak volatility, with price closing near the upper band, suggesting elevated volatility could persist.

Volume spiked sharply during the 7:30–8:30 ET window, coinciding with the price breakout. Turnover also surged, reaching a 24-hour high of $115,000 in the 8:15 ET candle. However, divergence between price and volume in the late morning suggests caution.

Backtest Hypothesis

The embedded backtest strategy leverages the Morning Star candlestick pattern as a buy signal, based on the same 15-minute OHLCV data used for this analysis. Over the period from 2022-01-01 to 2025-11-11, this strategy holds QKCUSDT for exactly 7 days after a confirmed signal, with no explicit stop-loss or take-profit. The performance report includes cumulative P&L, drawdowns, and a benchmark against the HOLD.P ETF. Given the current price action and volatility seen in the recent 24-hour period, a Morning Star pattern may be more likely to emerge in the near future, potentially offering a buy opportunity for a short-term holder. Traders should consider the timing of such signals in conjunction with volume and momentum indicators like the RSI and MACD.