HT USD - Huobi Token Short Setup

16 Ağu 2019

HT USD seems to have perfectly respecting the trendline. We see the break of the line, subsequent retest and break again.

If the long terms trend is broken, I expect 5 waves to the downside with a target towards the .618 Fib level around 3.8. Let us see if the setup takes fruit.

Note: Just an idea. Not investment advice.

26 Ağu 2019

Not

10 days hence it is following the trajectory downward now resting at support of 4.68. Expect that it will soon give way for further downside. Let us see.

28 Ağu 2019

Not

3 more days later - we are already half way through our target. 4.24

29 Ağu 2019

Not

And we are now at 4.05. That is nearly a 20% drop!

1 Eyl 2019

Not

Target Hit!!!!

3 Eyl 2019

Not

Perfect bounce after taget hit from .618 fib level. Closing the idea