An analysis for HITUSD , the most interesting thing is the MA line that shows how price acts upon it as a support in a bull market (green circle) and a resistance in a bear market (red circle)
0.382 will likely be the reversal point for price as it climbs out of the Fibonacci Circle
I have annotated the bullish and bearish phases
Looks very strong, broke out and retested recent resistance. we could see continuation as we have consolidated relatively for a long time.
👁️🗨️ This is just my opinion, Price doesn't HAVE to agree with it, ALWAYS DO YOUR OWN RESEARCH.
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⏳ Spot
💎 HITUSDT has been in the range channel for a while. It has got a few rejections from the resistance zone. There is a chance that it goes to the Pullback zone before it goes higher and breaks above the channel.
🏁 Short & Medium Term
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🎳 Entry at market or 0.00011175
☕️ TP1 0.00016902
🍺 TP2 0.00019635
🍻 TP3...
Welcome back Traders, Investors, and Community!
Hi Traders, HITUSDT on H4 has broken above the Resistance.
⬆️Buy now or Buy at 0.00006650
⭕️SL @ 0.00005715
✅TP1 @ 0.0000895
✅TP2 @ 0.000108
✅TP3 @ 0.0001575
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Have a Profitable Day
