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dudebruhwhoa
Feb 17, 2022 1:52 PM

HBAR Running out of Runway, Approaching Golden Cross Long

Hedera / EthereumBittrex

Description

HBAR / ETH pair doesn't have a whole lot of runway left on the weekly chart here, and we're approaching a golden cross of the daily 50/200 MAs.

A break above the triangle that reaches our 1.5x target would take us to the exact location of the 4.236 fib if this drags out nearly all of the way to the end of the triangle, around April or May.

Either way, it looks like HBAR wants to revisit its ATH, potentially higher vs. ETH. Keep an eye on this one.
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