HYDRA, Double Bottom!!!
HYDRA is one of my favorite blockchains along with MATIC. They have a great community who are willing to help others and the interest is awesome. HYDRA is a long term play for me, hope you enjoy the TA.
HYDRA has printed a classic double bottom pattern on the daily. A third bottom is possible, with resistance at $47.74 and Support at$19.61.
RSI is at 38, in my opinion is a good level to continue this upward move and get more HYDRA and Stake for that 95%-180% interest. I personally stake on Kucoin, this is one exchange I love to use the most.
HYDRA is below the Pivot , I use the P to indicate if a asset is in a bull and bear trend. For myself, if the trend is above the P, it is BULLISH , if a trend below P, it is bearish . I would be looking for HYDRA to get above the P.
The breakout target if this Double Bottom plays out, is $130.00 or the R5. Take profits along the way would be the R1, R2, R3, R4, R5. Always leave a moon bag for those extra gains.
HYDRA does have a big range, but it is holding quite nicely with the Support lined up right at the S1. If the S1 is broken, I would look for the S2 as support.
This is only my opinions and do this to help inspire others. Feel free to leave a comment with suggestions and maybe why you personally like HYDRA . If you do have questions, I will happily respond. If you would like any TA on other assets, feel free to reach me in my chat. Take care.
HYDRA has printed a classic double bottom pattern on the daily. A third bottom is possible, with resistance at $47.74 and Support at$19.61.
RSI is at 38, in my opinion is a good level to continue this upward move and get more HYDRA and Stake for that 95%-180% interest. I personally stake on Kucoin, this is one exchange I love to use the most.
HYDRA is below the Pivot , I use the P to indicate if a asset is in a bull and bear trend. For myself, if the trend is above the P, it is BULLISH , if a trend below P, it is bearish . I would be looking for HYDRA to get above the P.
The breakout target if this Double Bottom plays out, is $130.00 or the R5. Take profits along the way would be the R1, R2, R3, R4, R5. Always leave a moon bag for those extra gains.
HYDRA does have a big range, but it is holding quite nicely with the Support lined up right at the S1. If the S1 is broken, I would look for the S2 as support.
This is only my opinions and do this to help inspire others. Feel free to leave a comment with suggestions and maybe why you personally like HYDRA . If you do have questions, I will happily respond. If you would like any TA on other assets, feel free to reach me in my chat. Take care.
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