HOT is forming an inverted head and shoulder formation after the break from a wider triagle.
When we detect this formations then the odds for the underline is to move higher.
So if we manage to break the neckline then we must see the underline to move to the first target (0.0217) and then to second target at 0.0226.
We want also to see high volume on the break of...
Ada is showing strength breaking the 1.35$ horizontial line and managing to stay above for long period of time in 4 hour chart.
This indicates power and we will see a continuation trend to higher levels.
This is not a financial advise.Only brain storming.
Hope that help!
