HBAR/USDT SHORT

HBAR shows a rising wedge pattern on a smaller timeframe.

Fails the pattern.

Massive sell volume.

This was just a quick paper trade and a test. In hindsight, if trading with real money it would probably be a smarter idea to take a longer position. But I am watching many coins at the moment and constantly testing new and tried and tested strategies in harmony!

Happy Trading.
T.

I Bet when I have finished typing it has fallen straight out of the box! LOL.

Always be patient and DCA.
But I Just noticed this and thought it would be useful to people to help recognise Bearish patterns like this and be able to take quick Profits.

RRR 1.5+

Comment:

Clearly entry was far too late (Should have been where I typed and marked ENTRY!) but this a good example of how to recognise patterns both bullish and bearish.

I can see a bit of support but will leave this for testing purposes.

If I decide to extend the position I will Update and Explain.

Thank You.
T.