$QKC 1D ANALYSIS 📊 ⚠️🔴⚠️
- Looking at the current price movement and indicators, I would expect a downward dip first (0.00721 and even 0.006379 can be tested) followed by an upward reaction from there.
- A clear reversal signal at the levels of 0.00721 or 0.006379 is essential to enter a long position. For example, if you see a clear reversal like a pin bar, engulfing, or a sudden spike on a lower time frame here, you can go long. Your targets could be 0.008000, 0.008842, and 0.010109 in order.
- For a short position, the price needs to rise to 0.008842 or 0.010109, sweep the liquidity here, and then show a strong rejection. Only then can a short be considered.
- I strongly recommend placing your stop-loss at critical points like swing lows or swing highs that will change the trend, not randomly.
- If the price drops below 0.005784, I would cancel the bullish scenario and expect a deeper decline. If the price...#QKCUSDT #qkc #ETH4500Next? #Notcoin #analysis $QKC