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HNT/USDT (Futures) Potential Upward Movement

HNT/USDT (Futures) Long-Term Trend: Bullish

Key Resistance Levels: 30.932, 32.347, 33.341.

Key Support Levels: 28.027, 27.402, 27.224.

1-Hr Time Frame:

The price on the higher time frame succeeded to break the bearish trendline to the upside and in addition it broke a strong resistance level (now support) around the 28.100 USDT mark. The price is expected to move upward in the same direction of the main trend.

HNT/USDT (Futures) Medium-Term Trend: Bullish

15-Mins Time Frame:

On the lower time frame, the market succeeded to break the bullish flag to the upside and posted a higher low. This shows that the market is clearly controlled by the buyers. A lower correction could be seen to the strong support before a new impulsive wave toward the target profits.

Buy Limit Order @ 28.243

TP 1 @ 30.932

TP 2 @ 32.347

Stop Loss @ 27.357

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

6 comments

  1. Juan Zshyramn Morales Hernández

    I m a bit sad cause I m from México, and you guys send your signals while I m sleeping, so I miss all of them,, so I paíd for a service that will be useless in my particular case.

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