$QUICK is currently exhibiting bullish signals across all timeframes. In the short-term chart, the Relative Strength Index (RSI) at 65.50 suggests a bullish momentum, while the Moving Average Convergence Divergence (MACD) with a positive value of 0.00157 indicates a strengthening uptrend. The Bollinger Bands (BB) are expanding, with the upper band at $0.04486 and the lower band at $0.03425, indicating increased volatility.
Traders may consider entering long positions with a stop-loss at the lower BB level and targeting the upper BB as a potential exit point.
Moving to the hourly chart, the RSI at 76.10 and the MACD at 0.00093 continue to support the bullish sentiment. However, the Stochastic Oscillator shows a slight pullback, suggesting a temporary overbought condition.
Traders could look for entry opportunities on a pullback towards the EMA at $0.03965, with a stop-loss below the EMA support level. Resistance can be anticipated near the upper BB at $0.04179, while support may be found around the EMA.
In the daily timeframe, the RSI at 63.15and MACD at 0.00151 maintain the bullish outlook. The Stochastic Oscillator indicate a potential continuation of the uptrend.
Traders might consider entering long positions on a retracement towards the 20-day EMA support at $0.03610, setting a stop-loss below this level.
Key resistance levels could be near the upper BB at $0.04466, while support levels may be around the 20-day EMA.
Traders could strategically enter long positions on pullbacks towards key support levels
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
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