Fantasist. That's what I see as an artist.
Trading this pattern is a lost cause.
I don't know any trader at a distance who would make money on a "head-shoulder figure."
It can be considered as the general direction of the price, this figure.
Accumulation of this or distribution should be looked at.
Friends, thanks for your likes and comments!
Good luck with trading!
Today, I wanted to share short analysis although this trade is for long-term.
One of the biggest reasons that I like HTBTC is because...
1. the relationship and partnership between Huobi exchange and the Chinese government, which you never want to underestimate their power. Especially when they decide to eat up the market share of certain...
HT/BTC showing clear trend with no signs of strong resistance until 0.00043
-0.00038 resistance broken
-Trend confirmations on 2h/4h and daily
-Volume profile shows non-active area between 0.000385 and 0.00043
Take profit 0.00043 Stop-loss 0.000315
Please like this idea if you find it insightful - it really helps me rank better!
See you around :)
Who likes to trade on Huobi Exchange should watch this Bullish Alternative BAT Pattern ! HT Already hit first target, but this coin is having high buy volume. Don´t worry jump into this trade and try to get some %%%. Reaction in PRZ was great. Targets, Stop Loss in chart :)
Zones of interest and targets are on the chart. Good luck everyone!
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) !
Trading ideas are not trading recommendations - this is just my point of view....
Reviewed this coin earlier but didn't actually make the trade. Now looking for new entries.
Entry option 1 - price comes down a bit to around 45k sats. This is top of the channel I drew based on long-term price review. There's also a bit of a support level below, so entry would be closer to support than resistance. Upside 9-10% and SL at -4%.
Entry option 2 -...
Every time HT goes up Bitcoin price goes down
This represents a negative correlation between both assets
It can also show a general pattern found in some altcoins with respect to BTC
We expect a +3.4% additional gain in Bitcoin before it drops to its buying zone
We also expect -3.5% drop in Huobi Token price before its uptrend continuation
If you like this...
As you can see in chart that we are making W pattern and W pattern is completed now we will see a M pattern now the half part of M has formed and now half is remain so we see a little rise toward 46000 but after that price will fall
So our target is following
We easily see in chart that pich fork gives suppot to the hourly candle but it's come in the pink area of cloud so we will see HT in red for next few hours
Sell target are the fib levels and pichfork next line
Guys if you find it helpful please like