Crypto_Hagu

HYDRA will wake up and explode! Take your positions.

Lång
Crypto_Hagu Uppdaterad   
KUCOIN:HYDRAUSDT   hydra / Tether
The markets are a place where money flows from the impatiente to the patient.

Here is why I believe time of reversal has come for HYDRA.

- The coin is almost down more than 90% from its all-time high. How much can you expect it to drop?

- HYDRA is currently at a very strong support range, which was previously resistance.

- HYDRA has formed a year long ascending triangle, which now seems to be broken to the side and not down (as was the trend for more than a year long).

- Every drop from a following lower high on the chart of HYDRA has been less severe. Here are the percentages you can see on the chart:
-71.86%
-67.47%
-51.98%
-48.72%
-36.08%
The bears are tired and the turn of the bulls has almost come.

- We can see a very clear bullish divergene (yellow line below) on the descending price

- In 10 weeks the airdrop will end, which will relieve a big sell pressure on the coin. This will be an extra calayst for the price to increase.
Kommentera:
Up more than 40% already from entry. Need a break above 10.25 dollar (candle close 1 day) and then next target is 18 dollars short term.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.