QUICKSWAP: Plan for longer term, and its potential
QUICK is one of the crypto tokens that I have been monitoring closely.
Personally, I think QUICK has a massive profit potential.
Think about it, right now QUICK is down around 90% from its ATH.
Assuming that in the next bull-run it goes back to its ATH, we make easy 10x profit.
Even if it only goes to half of its ATH, already 5% profit.
Or the closest daily TF resistance, it's already 200%+ profit potential.
Trend-wise, we see that QUICK already created a higher high (indicated by arrow).
We only need to see a potential correction, and make sure that the correction does not go to deep
(We may see correction to 50-60 zone)
Indicator-wise, it is still above 50 EMA daily.
Furthermore, we can also use QUICK for yield farming. So, It's kinda low risk for us to buy QUICK. Even if price goes down, we can still get the yield from farming
Personally, I think QUICK has a massive profit potential.
Think about it, right now QUICK is down around 90% from its ATH.
Assuming that in the next bull-run it goes back to its ATH, we make easy 10x profit.
Even if it only goes to half of its ATH, already 5% profit.
Or the closest daily TF resistance, it's already 200%+ profit potential.
Trend-wise, we see that QUICK already created a higher high (indicated by arrow).
We only need to see a potential correction, and make sure that the correction does not go to deep
(We may see correction to 50-60 zone)
Indicator-wise, it is still above 50 EMA daily.
Furthermore, we can also use QUICK for yield farming. So, It's kinda low risk for us to buy QUICK. Even if price goes down, we can still get the yield from farming