Huobi retweeted Sal Miah tweet that read:  “Buying Bitcoin Just Got Tremendously Simple with the Introduction of Huobi Lite!”

Huobi Lite can be used to exchange Bitcoin and other kinds of cryptocurrencies for different fiat currencies. Fiat can also be used to buy cryptocurrency.

Huobi Wallet is the multi-currency decentralized wallet app developed by Huobi Group. It provides for storing BTC, ETH, BCH, LTC, TRX, XRP, USDT, ADA, DOGE, ONG, IOST, and ATOM.

The trend has been a friend for traders all the while.  Anyone following a trend will have a bias.  Choosing to go with a trend is just a beginning; however, the end result will not always be favorable. When to flip past the trend is something that comes to a decision making with practice and experience.

Huobi Charity recently tweeted:  “Momentum is showing in China where #COVID-19 cases are decreasing due to the great efforts of medical teams and assistant from communities around the globe. Thank you to everyone, including all medical staff & anyone who has provided information or donations. #HuobiCares.”

Sydney Ifergan, the crypto expert, tweeted:  “The amount of money the investor has in Huobi Global will be automatically visible and tradable in Huobi Lite; includes USD, MYR, HKD, VNY, CNY – Minimum and Maximum Trading Limits applicable. Feature Works.”

Buying and selling cryptocurrency on Huobi Lite is a lot easier now.

Huobi Token (HT) Flipping past the Trend line Bias

Anyone into the cryptocurrency space has been dependent on the general direction of the market price of a particular cryptocurrency, whether Huobi Token (HT) or otherwise. 

There are many ways to identify a trend, and each one has a particular way of identifying a trend.  The first tool in analyzing a trend is a trend line. While not all trend lines are reliable, but the so-called reliable one will be able to give some direction about the progression of the trade.  A valid trend line should have 3 touches.

Whether with the Candle Stick or other trend indicators, a downtrend is seen by lower highs and lower lows. When major support levels of price are broken, there is a lot of selling taking place, and it is considered to be a declining trend.

Trends can also be identified using indicators like the Exponential moving averages (EMAs) and Simple Moving Averages (SMAs); however, when it comes to price action, the EMA is very reactive. Spotting the trend is a crucial skill for any trader. Difficult for beginners, but it only gets better with practice.

No matter what token, one invests in whether in the Huobi Token (HT) or other Altcoins or Bitcoin stop loss is crucial.