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dudebruhwhoa
Feb 18, 2022 2:22 PM

HBAR is also in a Running Flat Long

Hedera / US DollarBittrex

Description

Similar to Bitcoin, HBAR is completing a running flat correction, in an uptrend, and should be expected to revisit ATHs; with a good chance of making higher ATHs.

We need our monthly lows to continue closing above 19.5 cents to confirm, and we need the overall market to hold up (BTC continuing in a running flat correction as well).

A couple of positive confirmations we can see that this is the case, now:

1.) Wave B retraced more than 100% of Wave A
2.) Wave C retraced less than 100% of Wave B, and stopped exactly at the 100% trend-based fib extension
3.) The most common relationship between waves A & C is 1:1, on the monthly we are less than 2% shy of exactly 1:1 (very good)

For more confluence, see the links to related ideas below. HBAR's BTC and ETH pairs look very bullish, and BTC's running flat looks quite similar to this one.
Comments
Crypapi
time to blow up your tires so you dont run flat
dudebruhwhoa
Please share your thoughts related to HBAR in the comments below, best wishes in your charting and trading, and thanks for reading!
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