Iamasloth

28-40% Cup And Handle Pattern On The 30min Chart

Long
HBAR has formed a perfect cup and handle pattern on the 30 min timeframe that points towards a target of $0.45. If the support level at $0.32 holds, which I expect it to, then I would expect the cup and handle pattern to play out. Depending on if you want to purchase HBAR now or after the confirmation of the resistance break, you're looking at a 28-40% price appreciation when the target is met.
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.