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HBAR Could Move into Weekly Resistance

Long
BITTREX:HBARUSD   Hedera
HBAR could move into weekly resistance if it continues to hold the top of weekly support, if it crosses and remains above the yellow neckline shown on the chart above.

If it doesn't just move up from here, it may move back down towards its previous low at the brighter green / stronger area of weekly support. If it does that first instead, I would expect a stronger move up than shown here.

Keep an eye on DXY as it could affect things positively or negatively, long-term:


Also, pay attention to HBAR's bitcoin pairing, it is also at the top of weekly support and in between that and its weekly resistance. It had a long wick down into weekly support so it could drop more, depending on how it moves against Bitcoin and what Bitcoin does:


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