#HFT is moving inside a falling wedge pattern on the 2-day timeframe. It recently made a sharp upward move, but the rally stalled exactly at the confluence of the wedge resistance and the 2-day SMA100. Price tapped that zone and was immediately rejected, sending it back down. Consider buying a small bag here and near the support levels at
$0.0434 and $0.0380.
In case of a breakout above the wedge, the potential targets are:
🎯 $0.0596
🎯 $0.0740
🎯 $0.0856
🎯 $0.0972
🎯 $0.1138
🎯 $0.1349
⚠️ Always remember to protect your capital with a proper stop-loss and disciplined risk management.
$0.0434 and $0.0380.
In case of a breakout above the wedge, the potential targets are:
🎯 $0.0596
🎯 $0.0740
🎯 $0.0856
🎯 $0.0972
🎯 $0.1138
🎯 $0.1349
⚠️ Always remember to protect your capital with a proper stop-loss and disciplined risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.