Hai to Usdt "POTENTIAL" bullish continuation

19 thg 3, 2023

Hai recently hit the $0.045 range where it was met by some selling pressure, the price has since retraced and tested the $0.026 area as support forming Daily Hidden bullish divergence which often implies a bullish continuation of the short term trend for now. Hidden bullish divergence doesn't necessarily mean that the price will break previous highs but it does imply that the buying pressure has overpowered the selling pressure which could lead to a continuation after testing previous resistance as support. If the price is to break through the 0.045 range with confirmation then a quick jump to $0.078 could be seen. However considering the volatility with low liquidity assets, the price can discard all TA ( support/resistance ) with a sudden influx of investors as it did when it spiked to $0.82. Even though the price of HAI is currently at the lower range (Comparatively lower risk areas) compared to its price history, at the end the crypto market is dictated by BTC's price action so keep that in mind when trading. Not financial advise.