CryptoFallen

Are we HAPI or not?

KUCOIN:HAPIUSDT   HAPI / Tether
HAPI/USD
Bullish Case
- Seem to have broken the downtrend resistance line
- Found new low at approx. $24.5
- MACD/Signal and Histogram reversing (Daily)
- RSI low
- Cipher B shows a strong reversal

Neutral/Bearish Case
- Strong Resistance at approx. $47.5 level shown by the VPVR
- Still have yet to test the 50MA on the daily, looks really steep still

Thoughts?

Disclaimer

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.