✳️ Hifi Finance vs Bitcoin & vs Tether (2x1 Bonus)HIFIBTC (Hifi Finance) hit a major low in May 2022. This led to a strong bullish wave in the tune of 270%, that's nice.
The bullish signal now comes when we look at what happened last year vs what is happening now.
HIFIBTC broke below its May 2022 low and stood there for two months.
The breakdown happened 10-June by the way.
After a higher low in August vs June (this year, 2023), prices are now trading back above the May 2022 low/support. This whole dynamic, when a pair goes below support just to recover is always a strong bullish signal.
We also have the alternated bottom pattern as described in a previous trade idea . First a pointed bottom, short in duration and then a rounded bottom, long in duration.
All this is telling us that Hifi Finance is set to grow vs Bitcoin.
I did some "research" and found the USD pair that I published recently. If you are interested on the other side, HIFIUSDT, this pair is also set to grow, here is the chart: 9-July 2023 | ✴️ Hifi Finance Major Bullish Signal (~200% Potential)
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Namaste.
