HBAR will remain bullish as long as it remains above the wedge it broke out of. This is a re-draw of the previously posted wedge that I think makes a bit more sense.
Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.
Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.
Comment:
Down in the re-test area now, still above the wedge -- daily candles need to continue closing above the wedge or this becomes invalid. Let's see if we close above it today
Comment:
Comment:
Update - bounced off of re-test area perfectly. Wedge re-drawn w/ wedge lines snapped to line chart and then converted back to candlesticks:
Trade active:
Headed towards targets finally:
Trade active:
Should start heading up towards 6-7 cents soon
