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Chibuike_Odoh
Apr 3, 2021 1:15 PM

HBARUSDT (HEDERA HASHGRAPH) - POTENTIAL BREAKOUT  Long

Hedera Hashgraph / TetherUSBinance

Description

ANALYSIS 🔎
- HBARUSDT is printing a falling wedge (FW) pattern.
- A falling wedge pattern is a reversal pattern.
- A bullish pattern to be precise.
- RSI is printing a bullish divergence signal (BDS).
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).

SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
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