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ForecastCity_World
May 11, 2021 6:00 PM

💡 Don't miss the great buy opportunity in HTUSD @HuobiGlobal Long

Description



Trading suggestion:

". There is a possibility of temporary retracement to the suggested support line (30.19).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:

. HTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76

Take Profits:
TP1= @ 33.97
TP2= @ 38.19
TP3= @ 42.24
TP4= @ 44.90
TP5= @ 47.35

SL= Break below S2

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Comments
davidgolandak
good analysis. thanks
ForecastCity_World
@davidgolandak, You're very welcome!
carefulOwl22772
Nice setup. I'll keep an eye on this chart. Thanks for sharing
ForecastCity_World
@carefulOwl22772, You're very welcome!
financialflagship
Nice chart, keep up the good work. 😊
ForecastCity_World
@financialflagship, Thanks for your comment.
Megan_forex
Excellent view . I will add this chart to my watch list
ForecastCity_World
@Megan_forex, Thanks for your comment.
NicolaBuys
very good analysis! Thank you so much
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