Hftlong
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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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