Rapidly moving up - driven amongst other things by the planned CoinBase listing this month.
Nothing goes up forever however and I am looking for a potential reversal and covering of longs in the PRZ shown.
Will need some confirmatory metrics at the same time once in region but progressively looking like an interesting short.
Hello everybody
According to our last analysis of HBAR you can see after the price broke the support trendline the price was ready to start its their drop and exactly happend and now as you can see after the price re-test again the key point level and it has low power to break it it has ready to dump more to the prz level that we shown on chart and in there zone...
Looks to me HBAR still didn't find bottom. Have couple option what I watching atm. Small drop and reaction from there (all is again up to BTC what will happens) and if bulls manage to break that upper resistance I will consider new alternate count. If we see rejection from upper resistance or bulls not manage to hold this level just little bit lower where is price...
HBAR DON'T BUY hbar in this time at this price
wait for few days then we can buy hbar at this price 0.17$
then we make good profit
because this time bitcoin not looking bullish .
so that's why i m telling don't buy this time
and don't trade in future because market not going with technically
This time market move accounting news I m also in lose this time
So HBAR hasn't made the fifth wave as I was supposing.
Right now it is also crossing the 20MA.
What to expect now??
1, Green line
- we could see a bounce from the long trend line...
2,Orange one
- We could break the line and test is as a resistance with a bounce from a resistance level at 0.25.
3, Red line
- It could also be forming double top pattern which...
Bull flag forming on 4H at resistance of symmetrical triangle on weekly. A break up could potentially see a significant move. Breakdown of this trend will also likely see a significant move downwards. Hope for the best, prepare for both scenarios.
** not financial advice, just a noob learning and having fun, please send feedback and critiques/criticism, I love...
