The Hourly View for HTHT
Currently, HTHT’s price is down $-1.84 (-3.24%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
HTHT’s Technical Outlook on the Daily Chart
Currently, HTHT’s price is down $-2.03 (-3.56%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as HTHT has now gone down 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows HTHT’s price action over the past 90 days.
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