After a great parabolic rise, HBAR is now looking to correct with a bearish RSI divergence and a falling MACD histogram (see yellow lines). On daily we are also overextended, so probably a good time to explore some cooldown in price.
Targets are on the chart. Once we break the parabola, the up-trend will be stopped and we may fall.
My bias is bearish. We should know by tomorrow if this is confirmed.
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Targets are on the chart. Once we break the parabola, the up-trend will be stopped and we may fall.
My bias is bearish. We should know by tomorrow if this is confirmed.
Like and follow if you liked this idea!
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