Huobi had experienced a lot of withdrawals recently.
This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Huobi Token HT are:
Entry Range: $4.50 - 5.00
Price Target 1: $4.30
Price Target 2: $3.80
Price Target 3: $3.00
Stop Loss: $5.90
Ever since the FTX debacle last year, investors are on edge whether their coins are safe with exchanges. Several exchanges started to post their wallet addresses to show their "proof of balances" in order to regain trust from the public.
This gives us as investors a great tool to decipher whether an exchange is at risk or not.
As seen on nansen.ai (exchange...
Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the crypto exchange to Hong Kong-based investment firm About Capital, reportedly spearheaded by Tron founder Justin Sun. Huobi price today is $4.94 with a 24-hour trading volume of $49,600,236. HT price is up 19.6% in the last 24 hours. It has a circulating supply of 130 Million HT...
This is a symmetrical triangle
Symmetrical triangles want to break out to the upside, this is already beginning to become evident on chart
Bars pattern placed in green shows a big breakout of the triangle
Zooming out on the chart price is very low and this triangle has the potential to push price up a lot
Huobi Token Price Prediction 2022 — Will HT Hit $5 Soon?
Huobi Token (HT) holds the 66th position on CoinGecko right now. HT price prediction 2022 is explained below with a daily time frame.
The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower...
Hello altho Huobi volume is ridiculous low the exchange token is currently pumping because justin sun and others became board members of huobi (and are actively pumping it).
So i see a good short setup in this as there´s no fundamental reason for this raise in price.
using close stoploss, as its risky afterall to (knife-)catch the top of this pump, but i think...
Huobi Token (HTUSDT) is entering a new cycle after breaking out of a major downtrend.
This downtrend went on for 546 days and seems to be at its end.
We can see the weekly candle now challenging MA200 at $6.7795.
Moving and staying above this level would definitely put the bulls in control of this chart.
After this level is conquered all bets are off.
With FTX exchange collapse the whole crypto market has been collapsing.
The price of HT broke the key support area. The bounce that we saw yesterday was just a successful bearish retest (the same what saw in BTC).
Most likely the price will continue dropping. We expect minimum 30 % drop in the near future. However, if there´s a strong FUD or Huobi exchange...
We are waiting for a false breakout of the local highs and looking for an entry point to the short position at favorable prices.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your...
First of all, there is a bearish divergence on the OBV
Second of all BTC HT shows incredible overbought status in stoch and RSI
Third, it reached resistance from October to November
Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token?
Fifth, Justin Sun has 1~3b in assets, he can't pump much further
Sixth, pattern shows...
I'm bearish on HT. Justin Sun is actually hated in Chinese media for pumping and dumping his own coins. He probably bought cheap and will also dump on you. The volume profile is showing incredible low volume. It will top around 9 and 10$. I shorted 1x with tight stop loss.
Over the past 3.5 months, Huobi Token (HT) has been developing a megaphone pattern, also known as the broadening pattern. The pattern is neither bullish nor bearish, but it hints at a period of heightened volatility as long as HT's price remains trapped inside the megaphone support and resistance levels.
HT Megaphone Pattern
The megaphone pattern can be...
ht is green in this market and reminds me the same group which pupmed chz,xrp, . . .
It have strong res on daily zone on 7.5 zone
Btw any daily candle above 7.6 will invalidate my idea
Stop loss is the most wanted guys
I shorted by 5x leverge in 7.3 zone