AvenueWork

HBAR Long Term Strategy

Long
AvenueWork Updated   
BINANCE:HBARUSD   Hedera Hashgraph
Market Cap
$2,489,663,131
9.22%
Fully Diluted Market Cap
$15,067,834,183
9.22%
Volume
24h
$657,357,987
63.52%
Volume / Market Cap
0.2634
Circulating Supply
8.26B HBAR
17%
Max Supply
50,000,000,000
Total Supply
50,000,000,000

www.hedera.com

Hedera long term strategy to go with the hype around this coin. I'm not one for fundamentals, as I feel all coins are basically the same. This is purely a high-risk, low capital long term strategy. Much like my TRX play. But I do favor this one more. Anticipating 3 areas of DCA on this.

Technicals: Weekly time frame, Binance. Original fork still an option but favoring modifier for now due to passage of time and symmetry. Currently resistance in upper parallel. However, the longer this goes sideways and remains above 21 Week MA I will be more bullish to the upside. I have marked my areas of potential zones I would prefer to see bounces and levels which I will add to bag. Anticipation of this is 2-4 years so patience is key. Will update upon further market information.

Short term: Anticipating profit taking and return to median line. Also would like to see more passage of time (~eoy 2021). However, any moves back above 40 cents will lead me to believe in more immediate upside.
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I can tell this is gonna be a crappy coin to trade. Long sideways and pumps, much like XRP. Hopefully I'll find out that I was wrong. Anyway, still waiting for lower prices. September maybe?
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3 Day chart. Current thoughts. Approaching median.
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Quick Daily Update
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Just wanted to make a quick update on HBAR. Seems that people are beginning to notice this post for some reason. Chart is a 3 Day. Going to be some tough resistance to crack but the fork remains valid
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USD Pair
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3 Day BTC Pair Update
Trade closed: target reached
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Quick Monthly BTC Pair Update
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Saving for my Records :
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Will be looking for lower entries on the Monthly
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Respect to @eloquentplatypus for bringing my attention to a few new coins in the space. Worth a follow, here is his HBAR post for reference
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Looking for those lower entries....
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HBAR levels updated
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Weekly update
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Weekly :
Not loving this break here but won't count HBAR out just yet.
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BTC pair 786
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Warning line low TF
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I'm still keeping an eye on HBAR but not much is happening. Basically its copying TOTAL3. I've marked some extension targets in case we get a decent move.
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Finally good push out. Also TOTAL3 is cleared for take off, so 20 cents should be easy target. Strong support around 8 cents!
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