HIT LONG
HIT
HIT has finally broken outside of a falling trend downwards.
The breakout was forceful and strong. Since the break out, HIT has dropped back into support and this could possibly be the last time support is breached. This is a solid entry for a long position. The key targets are placed, with the final top inside the resistance order block. 200 MA will continue to lower closer to T3 making this is a big take profit point. Stoch is neutral and looking to cross bullish, while RSI is completely oversold.
HIT is bound for a retrace up.
Possible Entries: 73 sats
HIT has finally broken outside of a falling trend downwards.
The breakout was forceful and strong. Since the break out, HIT has dropped back into support and this could possibly be the last time support is breached. This is a solid entry for a long position. The key targets are placed, with the final top inside the resistance order block. 200 MA will continue to lower closer to T3 making this is a big take profit point. Stoch is neutral and looking to cross bullish, while RSI is completely oversold.
HIT is bound for a retrace up.
Possible Entries: 73 sats
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.