thecryptochart

CRYPTO - HBAR - Inverse H&S pattern completed. Get long

Long
BINANCE:HBARUSD   Hedera Hashgraph
CRYPTO - HBAR - Inverse head and shoulders pattern completed. We have broken the neckline.

Volume - large green candles showing demand.
RSI - shows that selling pressure has gone away.
STO - STO is high but this is sustainable based on previous moves.
BUL DIVS - We have just had three bullish divergences and all significant moves have followed bull divs in the past.

Target 0.3950
Stop 0.329


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.