HTUSDT"As we enter the bullish season, the initial target to aim for is
target : 20 25 31 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
HTUSDT trade ideas
HT/USDT | 1W 👀It could be considered for speculative buying.
Technically, the current picture doesn't matter. What's crucial is whether you believe in this coin. Currently, the coin maintains a stable downward trend.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Huobi Token. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #HuobiToken #Investment #HT
Justin Sun's $50M HT Token BurnEvery move by influential figures can send ripples through the market. Justin Sun, renowned for his strategic maneuvers, recently set tongues wagging with a bold announcement: a staggering $50 million worth of SEED_ALEXDRAYM_BIGMAC:HT tokens have been consigned to the flames in a calculated token burn. This calculated step has effectively slashed the total supply of SEED_ALEXDRAYM_BIGMAC:HT tokens, leaving a leaner 110 million in circulation.
Sun's decision to wield the torch of token burn isn't merely a spur-of-the-moment gesture; it's a meticulously plotted move within his grand scheme to recalibrate the supply-demand balance of SEED_ALEXDRAYM_BIGMAC:HT tokens. With a reduced supply, Sun aims to sow the seeds of scarcity, potentially stoking the flames of SEED_ALEXDRAYM_BIGMAC:HT token value. This strategic dance aligns seamlessly with his relentless quest to optimize the performance and market standing of his cryptocurrency ventures.
As one of the most influential players in the cryptocurrency arena, Sun's actions resonate far and wide, leaving an indelible mark on investor sentiment and market trends. The aftermath of this token burn is poised to trigger a whirlwind of speculation and scrutiny from investors, traders, and enthusiasts alike, all eager to decipher its implications for the SEED_ALEXDRAYM_BIGMAC:HT token ecosystem and the broader cryptocurrency landscape.
In the wake of Justin Sun's incendiary move, fervent discussions have erupted within the cryptocurrency community, with analysts donning their prognosticator hats to forecast the long-term trajectory of SEED_ALEXDRAYM_BIGMAC:HT token value and utility.
Many seasoned observers posit that the diminished token supply resulting from the burn could herald a new era of scarcity. With a dwindling pool of SEED_ALEXDRAYM_BIGMAC:HT tokens up for grabs, the immutable law of supply and demand suggests that the value of each token could ascend over time. This uptick in value might allure investors seeking a hedge against inflation or simply a potential windfall in the form of capital appreciation.
But the ramifications of this token burn extend beyond mere price dynamics; they permeate the very fabric of SEED_ALEXDRAYM_BIGMAC:HT token utility and ecosystem. As the supply dwindles, the relative scarcity of SEED_ALEXDRAYM_BIGMAC:HT tokens could serve as a catalyst for heightened adoption and utilization, particularly within decentralized finance (DeFi) arenas or other platforms leveraging SEED_ALEXDRAYM_BIGMAC:HT tokens for a plethora of functions.
Amidst the cacophony of reactions reverberating across the cryptocurrency community, a kaleidoscope of sentiments emerges. Some investors embrace an aura of optimism, viewing the reduction in SEED_ALEXDRAYM_BIGMAC:HT token supply as a harbinger of potential price appreciation in the long haul. Others tread cautiously, cognizant of the nuanced interplay between market forces and the whims of cryptocurrency moguls like Justin Sun.
As the dust settles and the cryptocurrency community braces for the next chapter in Justin Sun's saga, one thing remains abundantly clear: the fervent dialogue sparked by this token burn underscores the ever-evolving nature of the cryptocurrency landscape, where every move is scrutinized, dissected, and met with a symphony of reactions. In this arena of volatility and opportunity, Justin Sun's $50 million SEED_ALEXDRAYM_BIGMAC:HT token burn stands as a testament to the enduring allure and intrigue of cryptocurrency markets.
HT buy setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
HT is a good condition - long positionI imagine that this currency can at least double in the next three to seven months. Even now, the price is approaching a suitable range.
HT in the buy zone !!!HT is in the global buy zone 3.38-1.57
Local buy zone 3.17-1.82
Buy zone 3.4-2.44
Buy Level 2.51
Bucket $1.72 (maybe backache)!
Everything turned out in a heap! I just really wanted to show you where the volume is and what its price is!
The price of the volume was 1.08 Most likely, the som exchange bought a large volume of tokens at this price and is still holding it!!!
It follows that the price should be pushed well above the previous high!!!
And this is at least 14X.
Huobi (HT)Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the crypto exchange to Hong Kong-based investment firm About Capital, reportedly spearheaded by Tron founder Justin Sun. Huobi price today is $4.94 with a 24-hour trading volume of $49,600,236. HT price is up 19.6% in the last 24 hours. It has a circulating supply of 130 Million HT coins and a total supply of 500 Million
the next target for HT is 6 - 6.8
Huobi Token HT could be the next exchange to fall?Huobi had experienced a lot of withdrawals recently.
This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Huobi Token HT are:
HT/USDT short
Entry Range: $4.50 - 5.00
Price Target 1: $4.30
Price Target 2: $3.80
Price Target 3: $3.00
Stop Loss: $5.90
🔥 Huobi Token Lost 74% In 30 Min: Something's Wrong! 🚨At the start of January I made an analysis about Huobi Token (HT) and the fact that there were reasons to think that the Huobi Exchange was insolvent. Please read below.
Today, HT lost 74% of its value in a mere 30 minutes, only to bounce up 220% in the following 15 minute candle.
Something's fishy. It was either a huge fat-finger from a market maker, or there's something more sinister going on , as mentioned in my previous analysis.
Caution is advised with this token and exchange.
🔥 Huobi The Next FTX? Next Exchange Potentially Insolvent🚨Ever since the FTX debacle last year, investors are on edge whether their coins are safe with exchanges. Several exchanges started to post their wallet addresses to show their "proof of balances" in order to regain trust from the public.
This gives us as investors a great tool to decipher whether an exchange is at risk or not.
As seen on nansen.ai (exchange balance tracker), Huobi's balance sheet looks terrible. 49% of all the assets in their wallets are from their NATIVE tokens (remember FTX with FTT and SOL?). Only 37% of total value lies in the liquid USDT, BTC and ETH tokens, which is by far the worst distribution of all the exchanges tracked by the website.
My best guess is that Huobi will not survive if people will actively remove their funds from the exchange.
Something's fishy! Below you find the USDD/USDT pair. USDD is Tron's (TRX) linked stablecoin which functions in a similar way as the LUNA stable coin did. To repeg USDD to 1 USDT the company (DAO) behind USDD would need to sell TRX and the like, which would obviously have a negative impact on the markets.
In my view, Huobi is the next potential exchange to fall. With 49% of their assets being in native tokens and 31.5% (Huobi token) in a very illiquid token this is a disaster waiting to happen.
Be careful.🙏
HTUSDT - Bull Triangle Breakout This is a symmetrical triangle
Symmetrical triangles want to break out to the upside, this is already beginning to become evident on chart
Bars pattern placed in green shows a big breakout of the triangle
Zooming out on the chart price is very low and this triangle has the potential to push price up a lot
Huobi Token Price Prediction 2022 — Will HT Hit $5 Soon?Huobi Token Price Prediction 2022 — Will HT Hit $5 Soon?
Huobi Token (HT) holds the 66th position on CoinGecko right now. HT price prediction 2022 is explained below with a daily time frame.
The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level, the price will continue to move up in this ascending triangle pattern.
Currently, Huobi Token (HT) is in the range of $4.50. If the pattern continues, the price of HT might reach the resistance levels of $5.000 . If the trend reverses, then the price of HT may fall to $4.1190
Happy Trading
HuobiToken - short setupHello altho Huobi volume is ridiculous low the exchange token is currently pumping because justin sun and others became board members of huobi (and are actively pumping it).
So i see a good short setup in this as there´s no fundamental reason for this raise in price.
using close stoploss, as its risky afterall to (knife-)catch the top of this pump, but i think the top cant be that far away.
As always:
Do your own research and dont rely on my analysis!
Huobi Token | A New Bullish CycleHuobi 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 $6.7795.
Moving and staying above this level would definitely put the bulls in control of this chart.
After this level is conquered all bets are off.
Looks like Huobi Token is getting ready to start a new uptrend; a new cycle... Long-term growth.
Note: Confirmation is still needed... The bullish cycle is getting close though.
Namaste.
HTUSD 30 % dumpWith FTX exchange collapse the whole crypto market has been collapsing.
The price of HT broke the key support area. The bounce that we saw yesterday was just a successful bearish retest (the same what saw in BTC).
Most likely the price will continue dropping. We expect minimum 30 % drop in the near future. However, if there´s a strong FUD or Huobi exchange collapses like FTX, the price will drop to 0,90$ or even lower.
Ugly time for cryptocurrency market.
HUOBI TOKEN: 2022-11-13 Temporary Rally of 60% from bottom.Rumours have make the price sink for a while. A short recovery is in process from US$3.70 up to estimated US$6.00 before closure for the weekend.
HTUSDT2 options for entry ,waiting for CHoCH on 1-15m tf and open long or short, follow the risk management and don't forget to put stop loss
HTUSDT - The Obvious Short.We are waiting for a false breakout of the local highs and looking for an entry point to the short position at favorable prices.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
In the last idea I tested the ground for entry into a short position. At the moment the short becomes more obvious.
Justin Sun's new scam. Technicals are bearish.First of all, there is a bearish divergence on the OBV
Second of all BTC HT shows incredible overbought status in stoch and RSI
Third, it reached resistance from October to November
Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token?
Fifth, Justin Sun has 1~3b in assets, he can't pump much further
Sixth, pattern shows Rising wedge which is bearish
Something is fishy here! The prices are fake or manipulated by Huobi. Something doesn't click. This pump is completely against the technicals. What's going on here. Sue Huobi.
Very low volume on HT token. Between 9 and 10$ topI'm bearish on HT. Justin Sun is actually hated in Chinese media for pumping and dumping his own coins. He probably bought cheap and will also dump on you. The volume profile is showing incredible low volume. It will top around 9 and 10$. I shorted 1x with tight stop loss.
Is Huobi Token Megaphone Pattern Bullish or Bearish?Over the past 3.5 months, Huobi Token (HT) has been developing a megaphone pattern, also known as the broadening pattern. The pattern is neither bullish nor bearish, but it hints at a period of heightened volatility as long as HT's price remains trapped inside the megaphone support and resistance levels.
HT Megaphone Pattern
The megaphone pattern can be recognized by successive higher highs and lower lows. On the price chart, this pattern is visible by two diverging trendlines. Usually, the pattern marks a period of high volatility with no clear market direction.
HT's price is testing the upper resistance trendline of the megaphone pattern around the $7.10 level.
RSI Oscillator
After the recent sharp rally, HT's price is greatly overbought. The Relative Strength Index (RSI) has reached 84, its highest reading since February 2021. Fears of the rally losing momentum are justified, as other technical factors are calling for a pause.
Aside from extreme overbought levels, HT's price is also battling the key 200-day simple moving average.
200-Day Simple Moving Average
While we broke above the 200-day simple moving average, it remains to be seen how this will play out within the megaphone pattern. For a fundamental shift in the market sentiment, we need multiple daily closes above the 200-day SMA.
The current daily candle already shows signs of rejection at the megaphone resistance trendline, which may be another sign that, in the short term, the bullish momentum is running out of steam.
Looking forward: To the downside, the first support area is the $5.00 big psychological level. A daily break and close below $5.00 will eventually open the door for a retest of the lower support trendline.
BIG DROP COMING FOR HTht is green in this market and reminds me the same group which pupmed chz,xrp, . . .
It have strong res on daily zone on 7.5 zone
Btw any daily candle above 7.6 will invalidate my idea
Tp1 6.4
Tp2 6
Tp3 5.7
Stop loss is the most wanted guys
I shorted by 5x leverge in 7.3 zone