Nutty_Trader

HUOBI TOKEN HEADED FOR ALL-TIME HIGH?

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Nutty_Trader Uppdaterad   
HUOBI:HTUSDT   None
Looks like Huobi may be able to breakout of a long cup and handle pattern. If we can get a weekly close above the $6.20 mark I believe we will head to very near $9. Huobi as an exchange is phenomenal and they currently hold the second highest exchange rating via coinmarketcap (not based on volume but overall quality of the exchange). The utility of the token is very similar to Binance Coin. If Huobi is able to consistently grow its user base, then Huobi Token should grow right along with it. During the 2018 crypto bear market there were only 3 coins that closed the year positive (chainlink, BNB, and Huobi Token. In my opinion that makes Huobi Token a lower risk investment given the uncertainty of current market situations. I will be holding $HT long term.

Not financial advice. DYOR
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