📊#HIFI may rise through RSI divergence📈➡️At present, funds mainly flow to mainstream coins such as BTC and ETH, and altcoins are not the focus of attention now.
For HIFI, now is mainly when investors in the primary market are fleeing profits. We must be cautious when entering now.
From a technical perspective, we need to pay attention to the breakthrough of the downward resistance line to determine the upward signal. Even if the rising signal is confirmed, don't expect too big a target.☕️
At the same time, I hope to develop according to the trajectory I expected.🙏
‼️Note that this analysis only applies to short-term
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
HIFIUSDT
HIFI TRADING IN CHANNEL BREAKOUTSHello dear traders! If you like my graphics, please use Like button 💙💛
Be careful! High-risk trade!
🚀 BINANCE:HIFIUSDT 15-Minute Timeframe Analysis:
📈 Trading at 2.06, it appears that the price still has some momentum to push higher.
🎯 Long Targets:
Target 1: Channel Resistance at 2.86
Surprise Target: 3.35
🛡️ Stop Loss: Consider setting it just below the breakout point at 1.84.
💼 Support Levels: Keep an eye on the next support levels at 1.63 and 1.51.
Remember, always conduct thorough research and risk management when making trading decisions. Good luck! 📊🤞
Important volume profile section: 0.5007Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(HIFIUSDT chart)
Since the chart was created recently, there is not much that can be learned from this chart.
However, it is important that it has risen above 0.5007, which is an important volume profile section in the current trend.
Currently, the 1M chart and 1W chart appear to be trying to establish a new volume profile section.
I think this shows that a lot of buying is currently on the rise.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
HIFIUSDTHIFIUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and broken resistance which is also reacting as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6300.