bloke_capital

HBAR - Another run?

Long
bloke_capital Updated   
BINANCE:HBARBTC   Hedera Hashgraph / Bitcoin
Squeez is about to get over. It should bounce from here.

Setup is quite simple, HBAR is holding trendline well and I am expecting it to bounce from here.
Comment:

HBAR bounced from 200EMA after market collapse. Market may remain in downtrend or sideways due to uncertainty in BTC movements with exception of few coins bouncing on the news or due to pump and dump.

HBAR is a long term hold, you cannot time the market.
Once BTC stabilises or start moving towards 10k+ range, HBAR should pick from where it left.

Also keep track of HBAR token release schedule which may cause dump during token unlocking.
Comment:
its breaking out of the resistance, was on fib .5 support, lets see if this is real of false breakout. It needs to clear cloud resistance first


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