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without_worries
Aug 8, 2023 8:55 PM

Hedera (HBAR) Long

Hedera Hashgraph / TetherUSBinance

Description

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?
Comments
ArtfulDodger1974
Uuum, let's look closer here. In August, it was around 6-7 cents. It pumped a 100% in March and proceeded to lose all of that weeks later. So, if you bought the bottom (again) it was just another repeat of what happened last month. Of course, we know what comes next. The 10%? What the 10% who time their buys with market bottoms? The 10% who will sell the 100% profits instead of believing in the 8x called for here?

Add to it Justin Sun's involvement, says it all. Another manipulator who gets another opportunity to bag hold today's idiots. SMH this whole market is such a scam.
dubk
@ArtfulDodger1974, sir behind this price movement is real event - "Today we witness #RWA history as @blackrock’s ICS US Treasury money market fund (MMF) is tokenized on @Hedera with @ArchaxEx and @OwneraIO, marking a major milestone in asset management by bringing the world’s largest asset manager on-chain." @without_worries, sir you are proving definition "Show me the chart and i tell you the news". Regards.
ArtfulDodger1974
I say buy the rumors and sell the news. Far as these charts you're so fond of, he has quite a few bad ones to go with the good. Although to be fair, that's still better than 90% of people posting ideas.
ofehi
LFG!!
Trading-Mechanics
what do you mean GRM? what is it?
without_worries
@BeginAgain2021, Golden Ratio Multiplier
Trading-Mechanics
thanks
belekas
Incredible buy... Right...
mehdiiakbari
hbar Regarding this wish - do you think it will be repeated from the cycle of 2020 or 2021
without_worries
@mehdiiakbari, Read the idea!
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