HBAR - Longterm View!

Hello Kucoin S Family / Fellow Traders. This is Richard, as known as theSignalyst.

WEEKLY: Left Chart
HBAR is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes.

H4: Right Chart
HBAR formed a valid double bottom. For the bulls to take over, we need a break above the necklinemarked in gray.

Trigger => Waiting for a momentum candle close above the last high in gray to buy.

Meanwhile, until the buy is activated, HBAR can still trade lower inside the blue demand zone .

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich