HFT +500% tradeHow we can see upcoming +500% trade on BINANCE:HFTUSDT
Possible Targets and explanation idea
➡️IAP model In play. We can come back and sweep lower low from Dec 2023
➡️Dec 2023 was a perfect test 0.86 lvl
➡️Under 0.86 lvl now Buy line on Take Profit indicator
➡️Marked main stop losses which will be like a fuel for main target -0.27 zone and -0.618
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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HFTBUSD
#HFT/USDT#HFT
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 0.2900
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.2930
The first target is 0.3260
The second goal is 0.3861
The third goal is 0.4510
Does HFT have growth potential? AND WHY IS THIS NOT THE END!!!Hi guys, I dedicate this analysis to the HFT coin. For many coins, a 1D, 7D reversal is visible, and this is one of them.
At the time of publication of this post, HFT broke through the sidewall in which it was (+-21 days), which means it's time to consider a setup for a long time!
So, we have a zone where a major player gained a position and did not let the asset go lower. Now we are leaving this zone and if the day closes above the level of 0.4793 (0.48 is a round number, yes), then it's time to look long.
The biggest disadvantage is the stop loss, here it will not be very pleasant, you can place it at the level of 0.48 or 0.45, in any case, you will have a risk reward ratio above 1k3.
I would fix part of the position at 0.58, and keep the rest until 0.72, in any case, it's up to you where to fix the position!
I have everything! Have a good mood and let's earn as much money as possible in this market!