HBAR following the BLUE LINE

BINANCE:HBARUSD   Hedera Hashgraph
This is actually blowing my mind. I dropped a few trend lines on the HBAR chart — one that has been support since December 2020, and another one that has been a down trend line since March of 2021. I also dropped a shorter term downtrend line that was in the shorter term, but it isn't relevant yet.

Well, HBAR broke back above the five month down-trend line. I'm happy about this.

It has also followed the blue line that I drew a few days back, and appears to be now dropping with the blue line I drew.

As much as I don't want to see HBAR drop, I can't help to be okay with it as the rest of the blue line suggests that we will be exploding up in the near future.

This is not financial advice. Please do your own research. :)

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.