Analysis of a recent HAI push

KUCOIN:HAIUSDT   Hacken Token / Tether
HAI made some great price movement in last two days and I was curious, when exactly the trend changed and how they made it. On 15m scale you can see, that they broke resistance four times in a row. Also right now there is a possibility, purely from support, to go even higher in price. They broke resistance line yet again and should benefit from it grately, as all of traders along with. It's interesting, to say the least. For now there is an opening to use as secondary point of entry, and I think it will not last long before next move up, because all of the conditions, such as RSI at the point, support from traders and global trend are positive for doing so. Then you can expect another a push for a couple of hours, till we find where the real resistance is waiting for. If you find this useful, leave a comment below!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.