HBAR pennant with RSI confirmation and large W pattern brewing
Forecasting #hbar price action over the next 7-10 days, which includes a weekend.
Hedera's 2 year Open Access anniversary on 16 Sept carries potential for maximum marketing impact, newsworthy announcement(s) would be unsurprising.
Recent (last 2-3 weeks) track record has seen (a) a new GC member announcement in LSE and (b) a comprehensive study on DLT energy consumption being released by UCL (also a GC member) showing HH as the most efficient DLT platform BY FAR. At a pace of news releasing every 10-14 days, timing is perfect and will trigger a massive pump before 19 Sept given all indications.
TA forecast ~0.43c based on Fib retracement, pennant and W patterns
FA forecast ~0.50c if price action coincides with positive news over the next 10 days.
Market sentiment strong (@CredibleCrypto, @dobuybitcoin, @hbarprice, et al.)
Hedera's 2 year Open Access anniversary on 16 Sept carries potential for maximum marketing impact, newsworthy announcement(s) would be unsurprising.
Recent (last 2-3 weeks) track record has seen (a) a new GC member announcement in LSE and (b) a comprehensive study on DLT energy consumption being released by UCL (also a GC member) showing HH as the most efficient DLT platform BY FAR. At a pace of news releasing every 10-14 days, timing is perfect and will trigger a massive pump before 19 Sept given all indications.
TA forecast ~0.43c based on Fib retracement, pennant and W patterns
FA forecast ~0.50c if price action coincides with positive news over the next 10 days.
Market sentiment strong (@CredibleCrypto, @dobuybitcoin, @hbarprice, et al.)
Comment:
~0.443 target on TA
Trade closed: stop reached:
Broke down out of pennant - mostly influenced by BTC weakness but invalidates pattern nevertheless. Abort?
Trade active:
Didn't get out... luckily... still need to learn the speed this beast moves at!
Comment:
Wild swings on Walmart - Litecoin news - effecting BTC too - and in addition to an already news-filled week, Kucoin announced it will list HBAR from tomorrow. Awesome pump on the news.
Comment:
TA price target hit btw :)
