#QUICK RECENT MARKET STRUCTURE AFTER VALIDATING ITS CONSOLIDATION!
Many have went in to jump the sudden impulsive movement of QUICK which has caused several late longs trapped. The fact that this altcoin has continuously moved below its 2023 low. Shows how many are doing their panic selling and how the buyers are fending these off with several buy orders.
Now, the important question would be.
What's next for this altcoin?
It's simple to understand what's the price action of QUICK currently. Undergoing an accumulation phase in the crypto market only provides a simple idea of an altcoin preparing for a takeoff. Once the tests for its buying pressure are done, we can safely assume that another rally will happen for the markup phase.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
