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Quick/USD Tether US Forms Bullish Pattern on 12H Chart
#quick/usdt has developed a descending wedge pattern on the 12-hour chart. The price is presently testing the upper boundary of this pattern, indicating potential for upward movement. A breakout from this channel pattern would be important for the token's future path. If the breakout is confirmed, a rise towards $0.037 could be expected.
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AI Analysis
The formation of a falling wedge pattern on the 12-hour chart suggests a potential reversal in the current downtrend for QUICK/USD. Such patterns are typically bullish signals, especially when the pri...
AI Recommendation
Given the technical analysis indicating a potential bullish breakout, traders might consider preparing for entry upon confirmation of the breakout above the upper wedge boundary. It is essential to wa...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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