TradingView
gz1968
Jan 12, 2024 6:57 AM

HBAR time has come. Choo choo! Long

Hedera Hashgraph / TetherUSBinance

Description

This analysis is based on Elliott, fibonacci, pitchfork, and pattern of past bull runs.
I am posting charts of smaller time frames below too for more detail.
The algos tagged the golden zone (0.618-0.65 fibonacci) in log scale. Because of this, I do the target estimations in log scale. This results in an uber target estimation.
I pattern the estimation based on previous 4-yr cycled bull runs. The white squares are based on timelines (month it occurred) of previous waves 3,4 and 5. For example, past bull runs ended wave 5 top November or December.
Notice the yellow wave 2 off the bottom is very long in comparison to the yellow wave 1. This leads me to believe, that a major pump is in the works after such a long correction/accumulation.
Take the estimate with a grain of salt, as still quite early to be projecting 2 years in advance.

Comment

HBAR daily in logarithmic

Comment

HBAR 4hr arithmetic. This shows the count of the corrective structure, as it was quite difficult.

Comment

HBAR 2 hr arithmetic
I believe the wave 1 has completed. Wave 2 is a wait and see.
More