HUT Wave 4 appears complete at the 0.382 Fibonacci retracement and High Volume Node just above the daily 200EMA, proving its value by holding up better than the other assets.Daily bearish divergence played out into bullish divergence as price caught a huge bid in the bullish, 3 white knights pattern. Resistance looms directly ahead, and a breakout above the daily pivot should see price head towards the $80 target High Volume Node.
📈 Daily RSI has printed a bullish divergence
👉 Continued downside has a target of the daily 200EMA, $28
Safe trading
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