HNTUSDT has been consolidating in a rectangular pattern since November (accumulation phase).
Price has formed a higher swing high and a higher swing low.
Potential breakout.
Buy entry ⬆️ - breakout above the rectangular pattern's horizontal resistance.
Targets 🎯 - fibonacci extension levels.
Setup invalidation ❌ - breakdown below the rectangular pattern's horizontal support
Price has formed a higher swing high and a higher swing low.
Potential breakout.
Buy entry ⬆️ - breakout above the rectangular pattern's horizontal resistance.
Targets 🎯 - fibonacci extension levels.
Setup invalidation ❌ - breakdown below the rectangular pattern's horizontal support