Long
Huobi Token | A New Bullish Cycle

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.
Looks like Huobi Token is getting ready to start a new uptrend; a new cycle... Long-term growth.
Note: Confirmation is still needed... The bullish cycle is getting close though.
Namaste.
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.
Looks like Huobi Token is getting ready to start a new uptrend; a new cycle... Long-term growth.
Note: Confirmation is still needed... The bullish cycle is getting close though.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.