QubitLife

HNTBTC: Possible Long (14.11.2020)

Long
BINANCE:HNTBTC   HNT / Bitcoin
On D1, a divergence has formed between the price and the RSI . Also, the price broke through the downtrend line, after which an initial impulse was formed.

On H4, the price found support at the 38.2% Fibonacci level (61.8% mirror level). Also, the RSI reached the oversold level, after which a local impulse was formed.

At the moment, the price is correcting, and we recommend buying HNT at the current price, as well as from the 50% Fibonacci level.
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