Simple Huobi Token Trend Analysis BTCchecking out timeframe on longterm uptrend with Huobi Token/BTC Pair
significant dates labeled.
HTBTC
The other exchange tokenInterested to see if it can hold support on the next level
Will update this if it reaches it
HT Bull Flag and Falling Wedge AnalysisAs TA shows above that HT is very bullish at the moment. Considering Huobi's upcoming token sale (ICO, IEO or whatever they call it) will create a higher demand. Also Huobi stated that the other upcoming token sales will require investors to hold at least 500 HT for 30 days in order to participate in token sales which will cause a lot higher demand.
This is not a trade or investment advice. Just for educational purposes. Do your own research.
Huobi Token (HT) | 79%+ Potential Profits | FREE TRADING SIGNALPair: HT/BTC
Exchange: Huobi
Trade Duration: Medium
Risk: High
Introduction
Huobi Token (HT) is the native token for the exchange Huobi Global. Huobi has a sophisticated model providing analysis for the entire blockchain asset ecosystem. Strategic insights based on research, trends, and 50+ unique indicators to properly evaluate investment potential and risk. One-stop source for in-depth, comprehensive information on 190+ cryptocurrencies. Safe. Stable. Secure. Advanced distributed system architecture built to protect against DDoS and other potential threats. More than 98% of digital assets stored in multi-signature, cold wallets. Security protocols are fully aligned and compliant with industry best practices.
Technical Analysis
- Momentum Trade
- RSI Double Top (retracement likely)
- Volume decreasing, price increasing (likely retrace)
Fundamental Analysis
- TradingView recently added
- HBUS (American version) launched
- Leverage on an altcoin exchange (rare)
Our Entry Zone
0.00037209 - 0.00041619
Our Targets
1: 0.00049140
2: 0.00066666+
Our Stop Loss: 0.00034292
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DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: Binance Info
