PalenTrade

Huobi Token

Long
HUOBI:HTUSDT   None
Hey!

Possible similar price action as we saw with Fantom analysis just yesterday. Breakout and throwback.

We did already open a trade for this but from ~$22 - $21 level is where we might get a great throwback entry with an awesome risk/reward ratio. We can see how the box area has worked as resistance, and if we pullback that is the alleged support level

Also. I like Huobi Tokens fundamentals. They have the Heco chain just like Eth and Bnb. I actually think the token price is undervalued compared to other similar projects
Huobi Exchange volume is 1/4 of the Binances



Always use stop loss, or you will get your ass burned!

-Jebu

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