HBAR Analysis (12H)

Mar 14

After the bearish CH, supply zones have formed on the chart.

Currently, the price is consuming an OB. Each time this OB has been consumed, lower highs have been formed. Additionally, the number of touches on this OB has been high, meaning many orders from this OB have been absorbed.

It is expected that the price will eventually reach the lower demand zone and then react strongly to the upside.

The closure of a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Apr 8

Trade active

Since the time of analysis, it has dropped more than 30% and reached our entry zone. It has currently pumped 12% , and this pump might continue.