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UnknownUnicorn5323213
Feb 12, 2020 5:49 PM

HBAR Long

Hedera / US DollarBittrex

Description

Here's a quick glance at what has been going on with HBAR since the beginning.

The all-time low turned out to be just around 0.010, right at my entry point at 0.0105. People still interested in entering a position with HBAR can do so literally any time as this is going to go way higher. HBAR will imitate XRP's type of surge (without the negatives), as continued demand (and API calls) will drive its value to much higher levels. Hashgraph was recently accepted by Google for developer projects and is expected to see exponential growth within the next two years. Considering what Hashgraph delivers, you'll witness more and more investors dropping Blockchain based crypto currencies and services, for Hashgraph based currencies and services.

I'll say this again, at current levels HBAR is extremely undervalued. This is an investment that you should keep and forget about for 1-2 years. At this point it's unclear whether HBAR may revisit lower levels for those "late to the party", which is evidently not the case.

I'll keep updating this chart below as more candles will form a clearer picture in terms of direction evaluation.

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UPDATE: There's still not enough data to start calculating decently, but for now the 1H is best interval to observe entry points. HBAR is ready to break out of a triangle, likely to continue upwards to 0.10+, next downward test should include the 50MA. I'm hoping for another touch down on the VWAP in 2-4 days to load up as much as I can before this thing explodes. Fore now use 'X' as your guide line. I'll do my best to update it as much as I can.

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This is floating idea based on pure 'daily' candlestick momentum: HBAR could attempt reaching for 0.20 (or higher) today.

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Next dip could prove to be a great entry point.

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Expected surge within 4 hours. Here's a close-up

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Second breakout with a little delay, likely to be within 12hrs. Here's a great entry-point opportunity.

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Correction: Can go as low as 0.05

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I've been able to find something I thought I should share with you. Here's an idea that should be considered depending on how the next daily candle will close. If this were to come true, it would be a rare second chance to buy near the all-time low. Else the rally would continue from here.

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In addition: if the 2H chart shows a performance such as below, then scenario 'b' from above is very likely.

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Looks like we will all be able to buy lower before the proper surge to 0.40+. As of now you can aim for the 90MA (average of 20/50/200), I'll address changes as they go. Let me know if it's too much info, Ill happily adapt.

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Hoping for a touch down at or around 'x' early next week.

Trade closed manually

Updates to continue here:
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