I'll cut straight to the point as this is a super exciting development for Hbar. You will notice the debut week in September 2019 it plummeted down to just 3.8 cents. Since then it has tried multiple times to go higher only to find rejection at the $0.054 level. Wicks have gotten above it but no body candle.
Well, for the first time ever the weekly close that just happened minutes ago managed to close ABOVE (purple line) resistance! This is super bullish and I expect fireworks for upwards movement in price the next 2 weeks. The train is ready to leave the station to higher price levels.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
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The fireworks have begun and it's only getting started. I believe we will be going to much higher levels then the current price. People are just now becoming aware of the project.