HERO VERY BULLISH Hero broke down from its ascending channel and it formed a descending channel.
The above are forming a cup and handle pattern on the 4hr TF.
It has bounced on the fib 0. 618 level 4 times, showing good support.
Hopefully Hero will follow somewhere along the lines of the pattern I have drawn.
This is not financial advice.
Trade at your own risk.
These are just my personal thoughts and analysis.
Herousdtsignals
METAHERO UPDATEDue to recent market conditions, Hero has broken the 0.045$ level that I have mentioned before to buy at lower levels ( 0.01-0.015) , however, we may see it back above that level, if it goes back above 0.045$ and close 1 day, you can enter with a stoploss at 0.043$ ( daily close below ). Otherwise, stick to the plan and wait patiently for your limit orders activation ( mentioned before ), or another Update.
If you already made an entry at the 0.047~0.050$ levels, move your stoploss to a daily close below 0.043$.
Good Luck to everyone.
HEROUSDT wait for a close above the 1D MA50.Metahero is testing today the 1D MA50 (blue trend-line) and has broken above intraday. That is not enough though as this has also taken place marginally two days ago, but the price failed to close above it. A 1D candle closing above the MA50 will thus be the break-out buy confirmation we need to start filling the Fibonacci gaps. If it does so, buy on every pull-back up to 0.26690. Notice how the 1D RSI is on a very aggressive rise.
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