HT USD - Huobi Token Short Setup

2019年8月16日

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.

2019年8月26日

註釋

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.

2019年8月28日

註釋

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

2019年8月29日

註釋

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

2019年9月1日

註釋

Target Hit!!!!

2019年9月3日

註釋

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