I'll be mentioning on the trade details the time frame that I believe it is necessary for the trade to take off. As for the targets, use them as reference and collect your profits when we start to move up. Long term targets are available on detailed long term trade calls... As for the entire market...
We are still in the uncertainty zone. The Altcoins are more ready than ever, the market has gone on a full retrace and the charts are building up giving out many buy signals for long term trades. But the question is this: Will the action start now or wait longer?
It all depends on Bitcoin -4.03% and Bitcoin -4.03% is on the "uncertainty zone", it is ready to make a move but the signals are bearish while the market is ready to move up (many mixed signals with more to the bearish side).
If Bitcoin -4.03% starts to move up, this can boost the whole market and a trend change can start. But if Bitcoin -4.03% drops, it can take another while.
Whichever scenario unfolds, we have consolidated long enough. A drop for Bitcoin -4.03% should be fast, if it happens, we are already close to the bottom and there isn't much run left for down, even if it hits again, it will be fast and we can try another run.
The market has been bearish for a while now... the time to buy again has come! So feel free to load up on all of your favorite altcoins, even Bitcoin -4.03% , using always a very tight stop loss in this case. For long term, just buy and hold, because the prices are pretty nice long term.
Introduction
HT (Huobi Token) is a blockchain-powered loyalty point system. It is the only token that Huobi officially launched. HT supports Huobi Global business and all products, such as VIP discount, HT exclusive events, trading against popular coins and "let your voice be heard".
Issue Time 2018-1-24
Total Amount 500,000,000
Circulation 300,000,000+
HT TOKEN bounced twice from oversold line on the RSI daily time frame.
TRADE INSTRUCTIONS
Upcoming event:
Looking solid and building up. If the market moves positive, it will be a good great to be holding this and many other of the active and highly volatile altcoins, this can turn into nice profits shortly.
HT Token
Buy zone 2.86 - 3.1
(1) 4.2
(2) 4.8
(3) 5.6
(4) 6
(5) 6.4
(6) 7
(7) 7.7
Stop loss: 2.83.2
Time frame: 2-5 weeks.
Note: The "time frame" reflects the time I believe this trade will take for it to start moving positive. This is for reference only and can change according to market conditions.
Enjoy the trade...
Official Website for buying HT Token
Link Tradingview https://www.tradingview.com/chart/ETCUSD/Mbz25oGC-HT-Token-Launch-Trade-Market-Update-300-Potential/
