$HIFI - new price update:
➡️Zooming in on the daily and weekly data, I think that, as with #tia the price has reached a long-term low.
On the daily view we saw also a beautiful Hidden bullish divergence RSI! 📈
➡️Zooming on the H4 view I can also see some reversal signs.
In my opinion, the price will consolidate above/around the $0.370 - $0.3900 zone before seeing another bullish wave towards the $0.4500 zone or even the $0.500 zone! 📈
There is a gap to be filled! 🚀
With some imagination, I also see a bullish ascending triangle (4rd chart)📈
Currently the price is facing a daily resistance (tenkan) at 0.400$ that's why I'd stay cautious and recommend a lower entry! ⚠️
As long as the price remain above 0.3600$ the bullish scenario should be valid! 📈
Good luck team! 🐸
