FieryTrading

🔥 HBAR Falling Wedge Reversal Signal: Patience!

Long
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
HBAR has been selling off for months now. In this process, it has formed a falling wedge, which is generally a bullish reversal pattern. The signal will be activated once the price has broken through the top resistance and closed above it. Patience!

A more risky bet would be to make an entry around the current area in anticipation of the break out.

Stop below the recent low, target at 2023 top. Risk-reward of >7 is very respectable for this trade.

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