Here's an idea to support the possibility that 
HBARBTC may be ready for or have already begun a reversal that is potentially headed towards a new ATH.
HBAR ended its second run vs. Bitcoin with a slightly higher new high, giving it a flat top. Since correcting, it has formed what could be a strong reversal at a low that is parallel to its previous low and the two previous highs, and it did so right along the 100% fib on the trend-based fib extension shown above.
Should we actually get that reversal here, it would confirm that it has been in a running flat correction, which typically leads to a very strong move up once it reverses.
The running flat also lends confluence towards my previous suggestion that it has been in accumulation since inception, as shown in this older chart below comparing the weekly with Wyckoff Accumulation Schematic # 2:
HBARBTC may be ready for or have already begun a reversal that is potentially headed towards a new ATH. HBAR ended its second run vs. Bitcoin with a slightly higher new high, giving it a flat top. Since correcting, it has formed what could be a strong reversal at a low that is parallel to its previous low and the two previous highs, and it did so right along the 100% fib on the trend-based fib extension shown above.
Should we actually get that reversal here, it would confirm that it has been in a running flat correction, which typically leads to a very strong move up once it reverses.
The running flat also lends confluence towards my previous suggestion that it has been in accumulation since inception, as shown in this older chart below comparing the weekly with Wyckoff Accumulation Schematic # 2:
Trade ativo
Very near a bottom here, and still within the flatTrade ativo
Still in play, especially if this triple bottom gets confirmed by getting above ~200 and then 235 sats:
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.