HNTUSDT: Possible Long (25.11.2020)On D1, the price is steadily rising, setting new highs. RSI reached overbought level, however no divergence was formed between price and indicator.
On H4, you can clearly see how the price began to correct in the local correction. RSI is declining and is about to reach the overbought level. In addition, a number of Fibonacci support levels have formed.
We recommend buying HNTUSDT from the H4 trend-line and Fibonacci support levels in order to hold the position up to $ 2 and above.
Hntlong
HNTBTC: Possible Long (14.11.2020)On D1, a divergence has formed between the price and the RSI. Also, the price broke through the downtrend line, after which an initial impulse was formed.
On H4, the price found support at the 38.2% Fibonacci level (61.8% mirror level). Also, the RSI reached the oversold level, after which a local impulse was formed.
At the moment, the price is correcting, and we recommend buying HNT at the current price, as well as from the 50% Fibonacci level.
HNT/USDT 1 HOUR CHARTWe are running through the last parts of a 5 wave move. PA will move to the lower targets and bounce before finishing the 5 wave movement. Targets are marked and should be considered soft targets on the upside to insure that profits can be taken in time before a fall.
