Will HBAR establish new support?
We have been making higher lows since 21 july's reversal, trendline measured from it is a very strong support. It bounced from it really well.
Now the 0.382 fibb extension is becoming the new support, in my opinion it will hold but we should wait for a confirmation. Eth is making new ATH's, DOT aswell and BNB is close to it. It is not a alt season but its a very good time for certain coins. I can easily see HBAR going for the ath again.
A bigger correction would be really healthy but from the technical site i dont think is gonna happen soon, of course its crypto so i would not be surprised ;)
Targets are 0.43 and 0.46 - but there is a possibility we will test the ATH.
Sorry for the chart cluster, didnt have time to have fun and change fibb colors :)
Now the 0.382 fibb extension is becoming the new support, in my opinion it will hold but we should wait for a confirmation. Eth is making new ATH's, DOT aswell and BNB is close to it. It is not a alt season but its a very good time for certain coins. I can easily see HBAR going for the ath again.
A bigger correction would be really healthy but from the technical site i dont think is gonna happen soon, of course its crypto so i would not be surprised ;)
Targets are 0.43 and 0.46 - but there is a possibility we will test the ATH.
Sorry for the chart cluster, didnt have time to have fun and change fibb colors :)
Trade active:
1st target reached ;]
Trade closed: target reached:
:)