TradingView
QubitLife
Nov 14, 2020 11:34 AM

HNTBTC: Possible Long (14.11.2020) Long

Description

On D1, a divergence has formed between the price and the RSI. Also, the price broke through the downtrend line, after which an initial impulse was formed.

On H4, the price found support at the 38.2% Fibonacci level (61.8% mirror level). Also, the RSI reached the oversold level, after which a local impulse was formed.

At the moment, the price is correcting, and we recommend buying HNT at the current price, as well as from the 50% Fibonacci level.
More