HFT potential to build "CUP" for next week

HashFlow is a decentralized exchange project that resides on the ERC-20 network, recently there has been a narrative that crypto assets became one of the investment assets after the collapse of fiat currencies. So that this narrative makes HFT affected and strengthened.

Based on technical analysis, HFT is being corrected towards the support price of $ 0.535. Today's trade is $0.57. The downside potential to the support price is up to 7%. This is the right time to do scalping. After reaching support there is the potential to form a "cup" with a target of a 20.5% increase at the price of $ 0.65 and continue the decline.