moon333

HOTUSDT has hit the pennant support | Upto 175% expected

Long
BINANCE:HOTUSDT   Holo / TetherUS
Priceline of Holo / Tether US is moving within a pennant and has hit the pennant support after March 2019.
The price action also has hit the lower band of bollinger bands for the 1st time ever and in the meanwhile the MACD has turned weak bearish and soon it will be turned strong bullish from strong bearish and Stochastic has given bull cross from the deep of the oversold zone.
Price action has Strong support at $0.0007730.
I have used Fibonacci sequence to set the targets:

Sell between: 0.0014308 to 0.0021265

Regards,
Atif Akbar (moon333)

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.