huobi Exchange is competing with kucoin Exchange in market value. In my opinion, this structure that huobi Exchange has formed in its chart can be a promise of growth for this token.
This analysis is practical if the market is bullish.
80% of the fundamental of this token has been checked and I am not a technical servant and the chart has an introductory aspect
One of the wonders I see in HT is the resistance to bitcoin! Look at the blue vertical line. What do you think about this?
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and...
#HT/USDT
$HT is at long term ascending support zone.
holding the support can increase price to resistance zone around $11.5 and breaking this resistance will head up price to touch $14 and more.
break below support zone will drop price to $7 and $5.
The Huobi token against the dollar, in my opinion, is at the end of the bear market stage, and this is due to the expansionary policy of the US Federal Reserve and the contractionary policy of the Huobi token.
also, the heikin ashi candles on the monthly level show weakness in the downtrend
in my opinuon the new bottum for huobi token will not be less than...
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Everything on the chart.
open pos: market and lower
stop: depending of ur risk
I dont trade on huobi,but if some1 hold HT, minimal target ~15$ if we can gain a foothold above 10$
Good luck everyone!
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#HT/USDT TA Update:-
$HT currently trading around $9.75
And forming Strong Bull flag in Weekly chart.
If any Weekly candle close above $11 that’s will be Perfect entry.
I am also Accumulating some $HT here.
Strong support is $8
Above $8 is Bullish scenario for HT.
So IMO $8-10 is Good entry for accumulate in Spot.
Targets:- $15/$31/$56
Stop Loss:- If any...
HT is retesting a great area for opening a long on it (+ adding sl). But if you want to have a look at it more widely, here is the weekly chart (on a significant trend line support):
-Thanks-
Hello trader.
the intersection of channel's lower band and 5$-6$ range of support has formed a very strong support zone.
if the price reaches that support zone we can expect a good gain.
since i see another drop for bitcoin and the whole market we can set buy order in that support area.
HT has been consolidating within the symmetrical triangle and looks primed to breakout soon. Long when it breaks out and closes above the triangle and the area of resistance.
Dear Friends
The price is in the neutral or suffering zone in the daily time frame.
But last week the important downtrend line that had 3 collisions as resistance was broken and Polbeck also had the area and is now accumulating.
Moving 200 intersects with and static area as important resistance. After breaking that range and back (Rectangle) we enter with force...
Huabi has Early signs of starting an uptrend in the future. we can see. We can detect positive divergence on the RSI indicator and other brick indicators. These are the first signs that the uptrend will start in the future. The brick indicator also has an ascending intersection
We will have to wait for more signs in the future to confirm this uptrend
If you cross the $ 12 resistance, you are likely to climb above $ 50 in the short term
Disclaimer
This is just a theory and is not a buy or sell recommendation.
