Possible similar price action as we saw with Fantom analysis just yesterday. Breakout and throwback.
We did already open a trade for this but from ~$22 - $21 level is where we might get a great throwback entry with an awesome risk/reward ratio. We can see how the box area has worked as resistance, and if we pullback that is the alleged support level
Also. I like Huobi Tokens fundamentals. They have the Heco chain just like Eth and Bnb. I actually think the token price is undervalued compared to other similar projects Huobi Exchange volume is 1/4 of the Binances
Always use stop loss, or you will get your ass burned!
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.