HUMAUSDT
HUMA Reversal · Higher Prices · Strong Advance · Fast Profits!Look at the chart and look at the big pattern. It is drawn between black lines. This is clearly a continuation pattern that resolved as a bearish breakdown. Once support is found the market tends to turn. Why? Trading volume is really low on the drop. Liquidity is dry on the low.
Notice the difference between present day trading volume vs early June. See how much higher selling volume is on red days compared to the last low yesterday. This is the signal that the bearish move has no support. It is a weak move. Because the move is weak the market can easily turn.
The "baseline" is the first target and the extension the main target for the current move that will develop in the short-term.
The chart is saying that HUMAUSDT will produce an advance and challenge minimum the upper-resistance of the previous consolidation channel. With enough volume and momentum, it can go higher.
Namaste.
