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HYDRO - Promising coin

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HYDRO is one of coins having a potential. It has a unique block-chain solution for a real life problem.

We see a couple of trend-lines, there are;

1. A strong support at 42, also double bottom.
2. A clear downtrend line, tells us a strong resistance.
3. A descending triangle.

Also STOCH RSI shows a divergence.

Using these data it makes sense to open a long position, if it breaks at 47.

Put a stop below 41.
ノート
The price hit 40 today. This means another confirmation of descending triangle.
ノート
Slowly climbing towards resistance...
ノート
Breakout happened, let's see how much it will go.
hydroTechnical IndicatorsLONGtirangleTrend Analysis

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