Spotted potential Rising wedge with price holding within bullish pennant.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to the chart and your personal set risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Kindly go through the chart and leave us your comments...
One more idea for today to you, wolves🔥
Now we have ascending triangle on HNT/USDT. If you take a look at the bigger frame you may see that it is an uptrend which is good signal for this trade.
According to the Elliott Waves theory all the waves are done and now the price is breaking the resistance zone. That's why wake up and follow this chart carefully.
If you are trading signals you're not even sure of just because of the bullish hype, I'm sure you know of the risk of not doing proper TA. Become a patient trader and try long term swings.
Here is the HNTUSDT Chart showing how it tried to push the price upwards at the start of January and once price action went above the 50EMA, it has never looked back, price...
The coin saves energy for 4 months
I will buy on the breakdown of level 2.3!
There are no obstacles above, we can fly well!
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
HNT is showing great resillience to most of Bitcoins misery, continuing the bullish behaviour in it's channel without stopping.
Since pin-pointing where the price will hit the upper resistance of the channel, I've marked two round numbers as important areas of resistance. R1 at $2.50 and R2 and $2.75.