Hello traders,
HNT / BTC is in an uptrend with the objective of escaping from this channel by the top several hypotheses prove it to us.
This crypto coin is in a bullish channel we can see a rejection of the bulls on the chart and also above the Rsi which makes us say that we are in a long market.
So we are getting ready for a bulls run signal.
Strong potential to breakout the channel from above with the reinforcement of several touches on it shows us a head and shoulder whose right is confirmed.
In order to join a new zone of consolidation before the test of the support which can become resistance on the validated pull back.
But can change roles at any time if market sentiment reverses.
These are not investment advice just recommendations
Make up your own mind and comment in the dedicated space.
I hope that my analysis gives you more.
like and follow me
HNT / BTC is in an uptrend with the objective of escaping from this channel by the top several hypotheses prove it to us.
This crypto coin is in a bullish channel we can see a rejection of the bulls on the chart and also above the Rsi which makes us say that we are in a long market.
So we are getting ready for a bulls run signal.
Strong potential to breakout the channel from above with the reinforcement of several touches on it shows us a head and shoulder whose right is confirmed.
In order to join a new zone of consolidation before the test of the support which can become resistance on the validated pull back.
But can change roles at any time if market sentiment reverses.
These are not investment advice just recommendations
Make up your own mind and comment in the dedicated space.
I hope that my analysis gives you more.
like and follow me