HYDRA
HYDRA showing some signs of strength with a bullish divergence forming and double bottom.
HYDRA is also in a falling broadening wedge which has higher potential to break to the upside.
The double bottom would take price up to TP1, this would take HYDRA out of the falling broadening wedge where target for this is TP2.
TP3 target is the top of the macro symmetrical triangle that so far has been playing out well just trading in the triangle.
Take care.
HYDRA is also in a falling broadening wedge which has higher potential to break to the upside.
The double bottom would take price up to TP1, this would take HYDRA out of the falling broadening wedge where target for this is TP2.
TP3 target is the top of the macro symmetrical triangle that so far has been playing out well just trading in the triangle.
Take care.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.