HBAR taking off ?

HBAR analysis
Multi-year trend line has been backtested.
12 EMA + Vegas chart indicator not showing buy yet (indicators lag)
Daily count shown. Notice trend line (log) has been broken and backtested.
8 hr count is tricky - I suspect HBAR is bullish and starting a diagonal. If I'm wrong, well then that sucks. 😆
1 hr count - in corrective mode right now. I show some ideas.

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Multi-year trend line shows a strong support and backtest completed

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Remember, indicators lag. HBAR may be bullish already.

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8 hr chart. The wave forms are corrective. This makes me thing either a diagonal is forming, or I'm wrong and some greater corrective structure is in play. I show the bullish diagonal scenario.

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I show possible ideas on the 1 hr. So you can prepare to enter and make money.

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If you wish to enter HBAR long here is a setup.

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HBAR is presenting an excellent long entry. The golden zone (0.618 to 0.65 fibonacci) is the obvious entry point. There is a nice resistance line at the 0.65. It is possible that the 0.786 could be tagged. I show two possible channels.

gz1968

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

gz1968