SpartaBTC

HBAR / BTC An uptrend. Local channel Potential pumping

SpartaBTC Updated   
BINANCE:HBARBTC   Hedera Hashgraph / Bitcoin
A secondary uptrend is developing. At the moment, after the second pumping, a pullback is in the trend.
Which formed the descending channel. The price dropped almost to the uptrend line.
Potential reversal zone. Enter on a breakout / pullback after the breakout of the downward resistance line of the local channel.
Please note that in a trend, as the price rises, the percentage of pumping in% decreases, which is logical.


My past work on this trading instrument.

Updates work for observation 17 11 2020. Downtrend.
Entering in cases of breakout, rollback after the breakdown of the trend line.


+ 213% from the breakout of the downtrend secondary trend line. An ascending flag is forming.


+ 155% from the breakthrough of the resistance of the local descending channel (flag canvas).

Comment:
+ 70% of an upward secondary trend. From the breakout of the descending channel + 44% Strong impulse. Large customer volume. Price near historical highs (behind the yellow level)
Comment:
Notice how on a market reset on a given trading pair, they try to keep the price in a bullish trend after the breakdown of the resistance of the descending channel. Potentially forming a triangle. The important trend zones on which the development of one or another price movement depends is shown with arrows

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