HIFIBTC
HIFI ANALYSIS (4H)From where we put the green arrow on the chart, it looks like a triangle is forming on the chart.
It seems that we are now in wave D of this triangle.
The E wave can start from the green range.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HIFI soon will break above the channelHIFI soon will break above the channel and it will continue to go up
🔵Entry Zone 0.7082 - 0.7308
🔴SL 0.6419
🟢TP1 0.7848
🟢TP2 0.9548
🟢TP3 1.1200
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HIFI is going up in the uptrend channelHIFI is going up in the uptrend channel. I expect that it breaks above the channel line
🔵Entry Zone 0.6692 - 0.6918
🔴SL 0.6074
🟢TP1 0.7189
🟢TP2 0.8058
🟢TP3 0.8755
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
HIFI buy setupGiven the bullish CH, we have a bullish view on HIFI.
We have sevral liquidity pools above, which is expected to move from the demand range towards this pool.
Closing a daily candle below the invalidation level will invalidate this analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Important volume profile section: 0.5007Hello?
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(HIFIUSDT chart)
Since the chart was created recently, there is not much that can be learned from this chart.
However, it is important that it has risen above 0.5007, which is an important volume profile section in the current trend.
Currently, the 1M chart and 1W chart appear to be trying to establish a new volume profile section.
I think this shows that a lot of buying is currently on the rise.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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