QUICK 3rd breakout attemptThis is the 3rd breakout attempt and there was something weird going on volume with this one, I don't know what it was, but I will take the risk here trying to catch maximum bottom of this move with a tight stop loss.
QUICKWMATIC_9F1A8C.USD trade ideas
QUICKQuickSwap is a fork of Uniswap that runs on the Polygon network (formerly Matic Network), a Layer-2 scaling solution for Ethereum. Polygon features lower transaction fees compared to the Ethereum mainnet, enabling QuickSwap to facilitate token swaps at a lower cost relative to exchanges like Uniswap v2.
Last time I traded it - felt like liquidity wasn't there. Took forever to fill limit orders which is a bit attractive. FILL was acting the same way for me back in February before it pumped.
You provide liquidity now and get out when everyone is paying attention. Chart looks ok. Horizontal support and resistance lines work better than diagonal but I always like it when I see a breakout and re-test. Allocating a very small portion towards this trade just because its newer and nobody is talking about it ;)
I also like where RSI is relative to RSI at the same price in the past. Seems like momentum is building.
No targets, yolo trade
