Hedera (HBAR)

On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why?

1) RSI and price action resistance breakout with support confirmation.

2) Multiple oscillators print bullish divergence.

3) Trend reversal. Higher highs higher lows replace lower highs lower lows.

4) The macro bull-flag confirmation prints the 50 cent target.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: 8x

Trade active

Comment:

close short positions if you've got them open....

Trade active:

GRM support confirmed!

Trade active:

Double bottom confirmed

Comment:

past resistance confirms support, hold now until 50 cents

Trade active:

Fans of this beleaguered sideways trading token your attention is required.
Were sellers to know of what was coming next month and the month after that the sell side order book would evaporate.

Be the 10%...

Ps: I'm not trading holding investing in this, you must ask elsewhere for updates.

18hr chart

Comment:

Were you the 10% ??
Did you act?