Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
HUT flying into price discovery after hitting $80 take profit #1

HUT flying into price discovery after hitting $80 take profit #1

TradingViewTradingView2026/05/06 20:48
By:TradingView
HUT is jumping price discovery, reaching the R2 weekly pivot. My next take profit target is the R4 weekly pivot at $153

Wave 5 is overextending on AI hype, after price completed wave 4 at the weekly 200EMA, on weekly bullish divergence as shared previously.

A test of the previous all-time high and filling the gap is likely before continuation.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!