Shotokhan

HBAR should bounce

Long
Shotokhan Updated   
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
HBAR held decently its price against bear market and moved inside this rising channel. I think it will bounce on its lower channel's band. I drawn this channel days ago using the wicks of 24th January and 21st February, now price is bouncing perfectly on its band.

If you take a look at daily chart you can see a clear reversal which has been going on for multiple days, even with a better trajectory than 21st of July 2021.

From here there's a +120% potential profit until channel's upper band.

I based this TA on price action only and on HBAR trending on socials.

If you wanna enter, this is a good price.

Good luck
Comment:
HBAR is up 16% since my signal, it's definitely going up on the long term, right now you can see the daily candle looks awful, probably we'll see a retracement of at least 6%

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