cantestogo

HUOBI SIGNIFICANT LEVELS ON 4H CHART

HUOBI:BTCCNY   None
Huobi is in the middle of a downtrend channel at the moment. The candlesticks seems to show a rejection from the upper channel, so if the bulls don't do their move it's possible one more leg down or simply sideways. A first psicological level that i draw some days ago is the round number 2300 that we hit in this downtrend and that is acting as a support. Now i see as a possible level in the downside the trend based fib extension at 2219 area. The RSI also seems pointing down. Considering that it is a good place to buy it's possible to see a bull run if the channel is broken with a good volume.
Good luck for your trading

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.