Hi all, back to the HNT.
Since the beginning of the year, as far as the chart allows us to see, the asset has been moving in a downward channel.
Not long ago there was a breakdown of the downtrend line, the asset has successfully consolidated above it so far.
Ahead we have the first strong Fibo level of 0.236.
After breaking through this level and fixing above it, we can open a long trade.
Targets on the chart of $1.72 - $2.25
This is not a financial advice, everything you do you do at your own risk.