Quick update - broke out of falling wedge recently, held above weekly support last night. Next up is likely 8 and then 9.7 cents. Doubting we'll see a re-test at top of wedge (but possible), if any re-test at this point, more likely the top of weekly support.
Meanwhile, the HBAR/BTC pairing just broke above previously weekly lows, and if it holds above 261 by close today, we should see it rise above weekly support next as well:
Long-term plan is still expanded flat correction:
But, I have a running theory that most of crypto wants to see double-top here, with some outliers - HBAR may be an outlier considering it never ran as much as other promising technologies during the last bull stage:
Meanwhile, the HBAR/BTC pairing just broke above previously weekly lows, and if it holds above 261 by close today, we should see it rise above weekly support next as well:
Long-term plan is still expanded flat correction:
But, I have a running theory that most of crypto wants to see double-top here, with some outliers - HBAR may be an outlier considering it never ran as much as other promising technologies during the last bull stage:
Trade active:
Wick tapped TP 1 today:
Comment:
Update - if Bitcoin re-tests wedge top, near 17-19k HBAR could do the same and re-test either top of weekly support, or its wedge top near 4.3-5.2 cents or so, otherwise we'll continue up to targets - Bitcoin pictured below:
Comment:
Edit - could be more like 4.8-5.8 cents as well - if we don't just continue up
Comment:
Update - halfway to 2nd target. After reaching 2nd target - if we want to see it revisit previous highs or even a new high - first it needs to get well above 17 cents imho.
Trade closed: target reached:
All targets reached on this chart, closing trade - again, need to see well above 17 cents for the much larger move:
