HNT having trouble getting over the $41 resistance for now.
Bulls want to see that level break for a larger move to the upside.
Conversely, a break below the 50ema implies a move down to the trendline support.
Notice the large upper wicks - strong selling pressure supply in 41 zone, needs to eat through this for continuation higher.
Bulls want to see that level break for a larger move to the upside.
Conversely, a break below the 50ema implies a move down to the trendline support.
Notice the large upper wicks - strong selling pressure supply in 41 zone, needs to eat through this for continuation higher.